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Sales

Purchase Agreement

Formal agreement for the purchase of goods or property.

Template Content
# PURCHASE AGREEMENT

**Agreement Date:** {{agreement_date}}

This Purchase Agreement is entered into by:

**Seller:**
{{seller_name}}
{{seller_address}}
{{seller_phone}}
{{seller_email}}

**Buyer:**
{{buyer_name}}
{{buyer_address}}
{{buyer_phone}}
{{buyer_email}}

## 1. PROPERTY/GOODS

The Seller agrees to sell and the Buyer agrees to purchase:

{{item_description}}

## 2. PURCHASE PRICE

**Total Purchase Price:** {{purchase_price}}

## 3. PAYMENT TERMS

**Deposit:** {{deposit_amount}} due {{deposit_due_date}}
**Balance:** {{balance_amount}} due {{balance_due_date}}
**Payment Method:** {{payment_method}}

## 4. CONDITIONS OF SALE

This sale is contingent upon:

{{conditions}}

## 5. INSPECTION

The Buyer shall have the right to inspect the property:
{{inspection_terms}}

## 6. DELIVERY/TRANSFER

**Delivery Date:** {{delivery_date}}
**Delivery Location:** {{delivery_location}}
**Delivery Method:** {{delivery_method}}

Risk of loss transfers to the Buyer upon {{risk_transfer}}.

## 7. WARRANTIES

The Seller warrants:

{{seller_warranties}}

## 8. REPRESENTATIONS

**Seller represents:**
- Seller has full authority to sell
- Property is free of liens and encumbrances
- All information provided is accurate

**Buyer represents:**
- Buyer has funds to complete purchase
- Buyer has inspected or had opportunity to inspect the property

## 9. DEFAULT

**If Buyer defaults:**
{{buyer_default_terms}}

**If Seller defaults:**
{{seller_default_terms}}

## 10. CLOSING

Closing shall take place on {{closing_date}} at {{closing_location}}.

At closing:
- Buyer delivers payment
- Seller delivers property and documentation
- Transfer of ownership is completed

## 11. EXPENSES

**Buyer pays:** {{buyer_expenses}}
**Seller pays:** {{seller_expenses}}

## 12. DISPUTE RESOLUTION

{{dispute_resolution}}

## 13. ENTIRE AGREEMENT

This Agreement constitutes the entire understanding between the parties. Any modifications must be in writing and signed by both parties.

## 14. GOVERNING LAW

This Agreement shall be governed by the laws of {{governing_state}}.

---

**SELLER**

Signature: {{seller_signature}}
Name: {{seller_name}}
Date: {{seller_date}}

---

**BUYER**

Signature: {{buyer_signature}}
Name: {{buyer_name}}
Date: {{buyer_date}}

Template Variables

This template uses the following variables. When you create a contract from this template, you'll fill in values for each one.

{{agreement_date}}{{balance_amount}}{{balance_due_date}}{{buyer_address}}{{buyer_date}}{{buyer_default_terms}}{{buyer_email}}{{buyer_expenses}}{{buyer_name}}{{buyer_phone}}{{buyer_signature}}{{closing_date}}{{closing_location}}{{conditions}}{{delivery_date}}{{delivery_location}}{{delivery_method}}{{deposit_amount}}{{deposit_due_date}}{{dispute_resolution}}{{governing_state}}{{inspection_terms}}{{item_description}}{{payment_method}}{{purchase_price}}{{risk_transfer}}{{seller_address}}{{seller_date}}{{seller_default_terms}}{{seller_email}}{{seller_expenses}}{{seller_name}}{{seller_phone}}{{seller_signature}}{{seller_warranties}}

How to Use This Template

  1. Copy the template content above
  2. Create a new template in your API Sign dashboard
  3. Paste the content into the template editor
  4. Configure the variable field types
  5. Save and start creating contracts

Disclaimer: This template is for informational purposes only and does not constitute legal advice. Consult with a qualified attorney before using any legal document.