This written contract delineates the terms and conditions of a sale, encompassing various aspects such as goods, services, pricing, and transaction particulars. Business Bill of Sale: This document outlines the sale details, including the purchase price, assets included, and any warranties or guarantees.Business assets are not considered legally transferred without a properly executed Business Purchase Agreement between the seller and purchaser. This contract is a legally binding document outlining the terms and conditions for the sale of a business and its assets. While you can use this form to summarize your purchase agreement, we may require additional documents during the review process. I'm gonna break down all the terms and conditions so you can understand what it means and we're gonna fill that out so you can have a real-life example of it. A purchase and sale agreement is a contract between a buyer and seller for transacting a property in exchange for a specific price. This Mortgage Origination and Sale Agreement for Agency's Homebuyer Program. An Asset Purchase Agreement is an agreement between a buyer and a seller of a business as to the terms and conditions of the sale of the business.