Seller agrees to sell to Buyer, and Buyer agrees to purchase from Seller, subject to the terms, covenants and conditions set forth herein. The heart of this journey lies in the Commercial Real.Estate Purchase Agreement, a legally binding document outlining the terms of the transaction between. Generally, a real estate purchase agreement defines the particulars of the transaction and guides how the purchase or sale will occur. Edit, sign, and share car commercial property purchase agreement online. No need to install software, just go to DocHub, and sign up instantly and for free. A hotel purchase and sale agreement is a definition between a hotel seller and buyer that sets forth the terms and conditions of the sale.