Create a title that clearly and specifically describes the content of the sales contract. This will make it easier for you to identify the contract while you manage your operations. Start the contract with a few sentences that contain the names of the seller and buyer, their roles in the agreement, and the date the contract was signed. Make sure these details remain correct to avoid problems on the road. In return for the purchase and sale of the property, the parties have agreed to the following payment amounts. All deposits for this sales contract must be made by [contract date]. In the event that the buyer does not comply with the conditions set out in this sales contract, all deposits are withheld by the seller and considered as lump sum damages. Those who do not have much experience with contracts would consider these legal agreements to be excessively complicated for the average citizen. . . .