The real estate sales agreement is the most important document in a real estate property sale. This is the legal document that stipulates all the terms and conditions of the transaction. It is a legally binding contract that states the responsibilities and obligations as well as the rights of both the buyer and seller. A real estate sales agreement shall be void and unenforceable unless it is in writing and signed by both parties.

A real estate sales agreement contains details on the following:

*Parties involved - also known as the buyer and seller
* Description of the property
* Condition of the property based on the property disclosure form
* Conveyance of the property
* Purchase price which the buyer agrees to buy and the seller agrees to sell; amount of deposit; terms; transfer and recording charges; taxes
* Permanently attached fixtures
* Settlement date
* Restrictions
* Buyer