A purchase and sale agreement is a contract between a buyer and seller for transacting a property in exchange for a specific price. The key details are: 1) The seller agrees to sell and the purchaser agrees to buy Plot No. ____, measuring ___ square yards, for a total consideration of Rs.This document is an agreement for the sale of a plot of land in a development layout between a vendor and purchaser. I'm gonna break down all the terms and conditions so you can understand what it means and we're gonna fill that out so you can have a real-life example of it. Download our printable land purchase agreement template to complete the transaction of land with another party. Use it to make the process much simpler.