REAL PROPERTY: Purchaser agrees to buy and Seller agrees to sell the land and all improvements thereon located in the County or City of. In the event Buyer fails to obtain Seller's approval, this Agreement shall be terminated with the Buyer's Earnest Money being returned within five (5) business.Buyer agrees to buy and Seller agrees to sell the land and all improvements thereon located in the County or City of. , Virginia and described as. This sales contract ("Contract") is made on ______ ("Date of Offer") between. 1. REAL PROPERTY: Purchaser agrees to buy and Seller agrees to sell the land and all improvements thereon located in the. Get a comprehensive understanding of Virginia real estate purchase and sale agreements with our indepth overview and free template. Customize the agreement: Fill in the template with specific details of the transaction. A Virginia purchase agreement accredits the transaction of a piece of real estate in exchange for financial compensation.