LawDepot and RocketLawyer both offer free interactive purchase agreement templates that allow users to provide the details and create their own purchase agreements. LawDepot provides purchase agreement templates for goods, services and real estate, according to the company website.
The RocketLawyer free purchase agreement template cannot be used for real estate transactions. A purchase agreement creates a record of a sales transaction. Because a purchase agreement contains a statement of ownership and a description of the personal property being transferred, the purchaser has a better chance of getting his money back if a problem arises with the property being purchased, as RocketLawyer explains.