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A commercial real estate purchase agreement facilitates the transfer of ownership of commercial properties in exchange for cash or other trades. This document outlines the sale terms and includes an earnest money deposit. The video tutorial covers key aspects of commercial real estate purchase agreements and offers guidance on obtaining an official template. It clarifies that commercial property is intended for profit generation or business activity, differentiating it from residential property, which is for homes. Types of commercial properties include office buildings, retailers, strip malls, hotels, health care facilities, multi-family rentals, warehouses, and vacant commercial land.