It documents the transaction's stipulations, including the sales price, movein date, and items that will be included with the property. Parties: the "SELLER," agrees to sell and., the "BUYER," agrees to buy, the premises described in paragraph 2 on the terms set forth below. Use this form to change or amend terms of the Purchase and Sale agreement after it has been signed. The completed form will relay the unique terms and conditions of the sale, including the purchase price and the manner of payment. The document is a Standard Residential Purchase and Sale Agreement outlining the terms and conditions for the sale of a property between a seller and a buyer.