The Purchase Contract with Gift of Equity in Florida facilitates the sale of a property or business while allowing the seller to gift a portion of the equity to the buyer. This form highlights the assets included in the sale, the purchase price, and how payments will be structured. It specifies which liabilities the buyer will assume and which assets are excluded from the purchase. There are provisions for additional agreements like non-competition and consulting agreements to protect both parties' interests. Users are instructed to modify the template to fit their specific facts, including dates, amounts, and asset descriptions. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate or business transactions in Florida. It ensures compliance with local laws while clarifying the roles and responsibilities of each party in a straightforward manner.