I'm gonna break down all the terms and conditions so you can understand what it means and we're gonna fill that out so you can have a real-life example of it. Seller shall sell and convey and Purchaser shall purchase the property, together with all buildings and improvements thereon (collectively the.THIS PURCHASE AND SALE AGREEMENT (this "Agreement") is made as of this ____ day of. By issuing Seller a purchase order or other contract ("Purchase. Agreement") based on or referring to the Quote, Buyer makes an offer to. Purchase and Sale Agreement. A purchase and sale agreement is a contract between a buyer and seller for transacting a property in exchange for a specific price.