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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
- Copy the template content above
- Create a new template in your API Sign dashboard
- Paste the content into the template editor
- Configure the variable field types
- 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.