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Agreement for the Sale of Real Estate

ARTICLES of agreement made and entered into this day of B. of , of the one part, and C D. of of the other part, as follows: The said A. B. doth hereby agree with the said C. D. to sell him the lot of ground [here describe it], for the sum of; and that he, the said A. B., shall and will, on the day of next, on receiving from the said C. D. the said sum, at his own cost and expense, execute a proper conveyance for the conveying and assuring the fee simple of the said premises to the said C. D., free from all encumbrances, which conveyance shall contain a general warranty and the usual full covenants. And the said C. D. agrees with the said A. B., that he, the said C. D., shall and will, on the said of next, and on execution of such conveyance, pay unto the said A. B. the sum of day aforesaid.

And it is further agreed between the parties aforesaid, as follows: The said A. B. shall have and retain the possession of the property, and receive and be entitled to the rents and profits thereof, until the said day of next; when, and upon the delivery of the conveyance, the possession is to be delivered to the said C. D. And it is understood that the stipulations aforesaid are to apply to and to bind the heirs, executors, and administrators of the respective parties. And in case of failure, the parties bind themselves each unto the other in the sum of, which they hereby consent to fix and liquidate the amount of damages to be paid by the failing party for his non-performance.

In witness, etc., [as in General Form].