THIS PURCHASE AND SALE AGREEMENT, (the "Agreement") is made and entered into this _____ day of. Property Description and Personal property.We're going to be reviewing and going over the as is residential contract some of the best practices builds and clauses in here. A Florida residential purchase agreement outlines the terms of a transaction between the seller of residential property and the buyer. The forms and disclosures required when buying and selling residential properties in Miami-Dade County.