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the purchase and sale agreement is a critical document designed to protect all parties involved in the transaction any withheld information about the propertys condition can result in a lawsuit so this is why Florida Realtors and the homeowners associations encourage all potential buyers and sellers to sign a purchase and sale agreements hi everyone Im your host Andrew Chung in todays video well guide you through an important document youll encounter when buying or selling a home in Florida the real estate purchase and sale agreement the purchase agreement is a written document detailing critical elements of the property transaction it notifies potential buyers and sellers of important aspects of the sale agreement such as the purchase price transfer property taxes a form to disclose facts materially affecting the residential purchase earnest money required closing documents and any added contingencies every purchase and sale agreement will include some basic information first we
