A Florida residential purchase agreement outlines the terms of a transaction between the seller of residential property and the buyer. THIS PURCHASE AND SALE AGREEMENT, (the "Agreement") is made and entered into this _____ day of.Personal Property is included in the Purchase Price, has no contributory value, and shall be left for the Buyer. 22. We're going to be reviewing and going over the as is residential contract some of the best practices builds and clauses in here.