Personal Property is included in the Purchase Price, has no contributory value, and shall be left for the Buyer. 22. A Florida residential purchase agreement outlines the terms of a transaction between the seller of residential property and the buyer.We're going to be reviewing and going over the as is residential contract some of the best practices builds and clauses in here. (b) "Bill of Sale and Assignment" shall mean a Bill of Sale and Assignment and Assumption Agreement in the form set forth in Schedule B, attached hereto. The Seller agrees to sell, and the Purchaser agrees to purchase, the Property, in accordance with the following terms and provisions. SALE AND PURCHASE: ("Seller") and. ENCUMBRANCES: The Seller agrees to pay all outstanding real estate taxes, if any, prorated up to the day of closing. With our free Sales Agreement form, you'll be ready to print or download your contract in no time.