Purchaser shall pay Seller the purchase price ("Purchase Price") set forth in Schedule C attached hereto, subject to the terms and conditions of this contract. The property and improvements which the Seller is agreeing to sell and which the Purchaser is agreeing to purchase is known as.A commercial purchase agreement is a legal real estate contract that transfers commercial property ownership from a seller to a buyer. This form recommended and approved for, but not restricted to use by, the members of the Pennsylvania Association of Realtors® (PAR). A commercial real estate purchase agreement is a legal document between a buyer seeking to purchase commercial property from a seller for an agreed-upon price. In this video, Ron Rhode will be going over the A.CRE Office Purchase and Sales Agreement free real estate template.