1.1. Sale of Property. The Property is being sold without water or water rights and Seller will reserve and retain all water, oil, gas, petroleum, and mineral rights to the Property.The document is an agreement for sale between Ms. Sowmya Lakshmi (Vendor) and Mr. A.C. Hari Prasad (Purchaser). The Grant Deed, executed and acknowledged by. OFFER: A. THIS IS AN OFFER FROM________________________________________________________________________("Buyer"). Before LA City residents sell their property, certain requirements must be met. The following are required when selling Residential and Commercial Buildings. A standard form purchase and sale agreement is a type of contract template where blank spaces are built-in, which makes them easier to personalize.