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The purchase and sale transaction described in this. Lease-purchase agreement;.(4) A wage assignment;. Easily sign the purchase and sale agreement with assignment clause pdf with. 481M-2 Lease-purchase agreement defined. 481M-3 Agreements exempt from other laws. If the existing Sales Contract is canceled within said time period, this offer shall become the primary offer. 1438, see flags on bad law, and search Casetext's comprehensive legal database.