An Arizona residential purchase agreement is a legal document outlining the terms and conditions for a buyer's purchase of residential property from a seller. 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.THIS PURCHASE AGREEMENT ("Agreement") is made as of the Effective Date of this. Get a comprehensive understanding of Arizona real estate purchase and sale agreements with our indepth overview and free template. The Seller agrees to sell, and the Institution agrees to buy, the Collection for a total purchase price of ______ ("Purchase Price"). 1. Enter buyer's and seller's names. The motor vehicle seller must insert the sales price, nonresident state and Arizona county tax rates and complete all mathematical calculations.