A Florida commercial real estate purchase and sale agreement formalizes the details of a commercial property transaction between a seller and a buyer. For forms of commercial purchase and sale agreement to use in Florida, see Commercial Purchase and Sale Agreement (Long Form).This Standard Document is a long form agreement for the purchase and sale of commercial real property favoring the seller for use in Florida. 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 commercial real estate purchase agreement is a legal contract between the buyer and seller of a commercial property. A Florida residential purchase agreement outlines the terms of a transaction between the seller of residential property and the buyer. Seller agrees to sell and convey to Purchaser, and Purchaser agrees to purchase and take from Seller, the real property situated in Boca Raton, Florida. A commercial purchase agreement is a legal real estate contract that transfers commercial property ownership from a seller to a buyer. This form of purchase and sale agreement includes guidance for both purchasers and sellers in Florida commercial real estate acquisition and sale transactions.