A contract is a promise or set of promises that are legally enforceable and, if violated, allow the injured party access to legal remedies. We're going to be reviewing and going over the as is residential contract some of the best practices builds and clauses in here.Getting ready to write an offer for a house? In this video, I show you how to fill out the As-Is contract to purchase a home. A Florida residential purchase agreement outlines the terms of a transaction between the seller of residential property and the buyer. You are finally ready to make an offer on your new house. The first thing to do is to familiarize yourself with the contract and addendums. In other words, the failure to respond to an offer does not typically indicate acceptance.