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so i had a buyer consultation this past weekend and i brought with me a purchase contract so they would be able to actually look through it theyre a first-time homebuyer theyve never seen a purchase contract before and that buyers comment to me was wow this is a lot different than my lease agreements for apartments and my answer is yes absolutely hi there im annie donovan im with coldwell banker realty and i focus on the central ohio area now if youre a buyer out there and especially a first time home buyer one major thing you need to know is a purchase contract so when you put a purchase contract on a home there are many many ways for a buyer to get out of that purchase contract a purchase contract is written to protect the buyer but if youre looking at your lease agreement with your landlord that lease agreement is not written to protect you that lease agreement is written to protect the owner of whatever you are leasing