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Personal Property, if any, transferred pursuant to this contract. Though not explicitly defined, relinquishment of rights to a given piece of real estate can also be considered a valid form of property transfer.AGREEMENT OF SALE – An agreement between the seller (vendor) and buyer (vendee) for the purchase of real property. All rights reserved. Without an agreement, you could face expensive and time consuming legal battles, defending your property rights. 818.01 Disposing of personal property under lien or subject to conditional sale. The amount of the seller assist depends on the full purchase price of the property. 3. Who Pays Specific Closing Costs. Real estate brokers are required to use Commission approved contracts and forms as appropriate to a transaction or circumstance. Once the tenant's personal belongings are considered abandoned, the landlord has the right and the responsibility to deal with them.