Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Purchase Agreement Purchase Agreement November 9, 2021 A written contract signed by the buyer and seller stating the terms and conditions under which a property will be sold.You Might Also Like: Family MattersPreparing Financially for a Baby Everyday MoneyBudget Friendly Ideas for Thanksgiving Everyday MoneySenior Discounts and Savings Everyday MoneyStarting an Emergency Savings Account Living QuartersQuestions to Ask Your Home Inspector