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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. Create a free APISign account (20 free contracts, no card)
  2. In Templates, choose Create Template, then Browse Template Library, and pick this template
  3. Check each variable's type on the Variables tab and save
  4. Create a contract from it, fill in the values and send it

Or copy the content above and use it anywhere. See Creating Templates for how variables and signature fields work.

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