Provisions set forth in the agreement include pricing, financing, closing terms, inspections and surveys, property conditions, and more. Get a comprehensive understanding of Illinois real estate purchase and sale agreements with our indepth overview and free template.Sellers are required to complete a property disclosure statement in which they respond to questions about the material condition of their home. Add the names, contact details, and addresses of the required parties. 1. Enter the names of the Purchaser and Seller.