THIS PURCHASE AND SALE AGREEMENT, (the "Agreement") is made and entered into this _____ day of. For purposes of property taxation, personal property is divided into these categories: tangible personal property, household goods and inventory.Step. Action. 7. On the "Selected Rows" tab, select on the Purchase Order line that corresponds to the items that are currently being received. All required information about the parties involved in the agreement. An asset purchase agreement is a contract for the sale of a business or specific business assets. If you are in need of legal aid or representation for business purchases, contact our experienced team of Miami business attorneys today.