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[Music] a newcomers entry into the world of real estate typically begins with the marketing and locating of property as a sellers agent or a buyers agent for real estate sales conveying ownership of a property the primary document used to negotiate the transaction between a buyer and seller is a purchase agreement form three basic categories of purchase agreements exist for the documentation of real estate sales the categories are influenced primarily by legislation and Court decisions addressing the handling of the disclosures and due diligence investigations in the marketing of properties the three categories of purchase agreements are for one to four unit residential property sales transactions other than one to four unit residential property sales transactions for example apartments and commercial income properties and land acquisition transactions now why do different variations exist well each variation caters does a specialized use of the subject properties the diverse arrang