How to Draft a For Sale By Owner Contract in Florida? 1. Gather Essential Information 2.A Florida residential purchase agreement outlines the terms of a transaction between the seller of residential property and the buyer. Florida requires those selling FSBO to fill out and file many documents and forms. Several of these documents are legally binding agreements. The form includes essential information such as the purchase price, financing terms, and desired contingencies. You might want to consider hiring a transactional agent, a real estate professional who facilitates paperwork for both the seller and the buyer. The Florida Seller's Property Disclosure form is helpful to ensure the seller doesn't miss any disclosures.