The property and improvements which the Seller is agreeing to sell and which the Purchaser is agreeing to purchase is known as. Standard Sales Binder Form 400.THIS PURCHASE AND SALE AGREEMENT (this "Agreement") is made as of this ____ day of. Recording Forms ; TP-584-I, Combined Real Estate Transfer Tax Return and Credit Line Mortgage Certificate. ("Buyer") and. ("Seller"). Warning: No representation is made that this form of contract for the sale and purchase of real estate complies with Section 5-702 of the General Obligations.