A written agreement between vendor and purchaser in which the purchaser agrees to buy certain real property and the vendor agrees to sell upon terms and conditions as set forth in that agreement.
The legal contract and seller and purchaser enter into. It is recommended that you use a professional (also know as a Purchase Contract) realtor or lawyer in order to protect yourself.
the legal document prepared when you apply an offer to buy a home. Most offers are conditional on certain things you may need to confirm before firming up the final offer, i.e. the financing condition.