Here is an example of what a business purchase agreement might look like. All required information about the parties involved in the agreement.Seller shall sell, convey, assign, transfer and deliver to Buyer, and Buyer shall purchase and acquire from Seller, free and clear of any Encumbrances. Of course, the parties are always encouraged to consult with their chosen legal counsel, should they feel it is necessary in a business sale transaction. Once your attorney is on board, they will help you draft up a sales agreement which outlines all of the details regarding the sale of your home. Usually, the purchase agreement will provide the deadlines for completing each step. Negotiation.