We're going to be reviewing and going over the as is residential contract some of the best practices builds and clauses in here. Personal Property is included in the Purchase Price, has no contributory value, and shall be left for the Buyer. 22.Page. 1. Definitions, 1. 2. Subject of Sale, 4. 3. The venue of any action arising under this Agreement shall be in Palm Beach County,. Florida. ENCUMBRANCES: The Seller agrees to pay all outstanding real estate taxes, if any, prorated up to the day of closing. A Florida residential purchase agreement outlines the terms of a transaction between the seller of residential property and the buyer. The Seller agrees to sell, and the Purchaser agrees to purchase, the Property, in accordance with the following terms and provisions. INSTRUCTIONS: Complete the attached contract. Submit an original copy as well as an electronic copy.