3.1. The Vendor shall sell and the purchasers shall purchase the business and assets described in the Schedule hereto. CONTRACT OF SALE – OFFICE, COMMERCIAL AND MULTI-FAMILY RESIDENTIAL. PREMISES.The names and locations of the buyer and seller will be clearly stated in the first paragraph or two of the contract. Get the terms in writing when selling a business. The Seller agrees to sell, and the Institution agrees to buy, the Collection for a total purchase price of ______ ("Purchase Price"). The Institution shall.