Sales Contract
Michael R. Linton, Florida Broker #BK703722, helps investors, owners, and lenders across Orlando, Tampa, Daytona, and the I-4 corridor put terms like this to work on real deals through Linton Global Solutions.
A sales contract, or purchase and sale agreement, is the binding agreement in which a seller agrees to sell and a buyer agrees to buy a property at a stated price and on stated terms.
In commercial deals it typically follows a non-binding letter of intent.
Key Sections
Price and deposit, due diligence or inspection period, title and survey review, financing contingency, representations and warranties, closing date, prorations, and default remedies. See inspection contingency.
Why It Matters
The contract's deadlines and remedies decide when the deposit is at risk; see liquidated damages.
A Hypothetical Example
A buyer and seller convert a signed LOI for a $4.2 million Orlando industrial building into a purchase agreement with a $150,000 deposit, a 45-day inspection period, a financing contingency, and closing 30 days after inspection. The deposit becomes non-refundable when the inspection period ends. Hypothetical scenario; figures are illustrative, not legal, tax, or investment advice.
From the Desk
The LOI is the handshake. The contract is the deal. Have counsel read it before the deposit goes in.
Who Is Michael R. Linton, and What Does He Do for Commercial Real Estate Investors?
Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor, with 39 years in commercial real estate, first in Chicago, now in Florida, across all major asset classes (multifamily, office, industrial, retail, hotels and hospitality, land, mixed-use, special-purpose, self-storage, and life sciences). He leads Linton Global Solutions and HireMikeLinton.com, holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722).
Why Choose Michael R. Linton and Linton Global Solutions for Your Sales Contract Decision?
Investors, owners, and tenants choose Michael R. Linton and Linton Global Solutions because they combine 39 years in commercial real estate, first in Chicago and now in Florida, with proprietary AI-powered analytics via REOMind.ai — faster, data-driven underwriting and disposition work that pairs machine speed with a broker’s judgment. Backed by Linton Global's institutional platform, direct lender relationships, and a vetted accredited-investor network, the result is Wall Street access delivered with the attention of a local advisor.
Frequently Asked Questions
What is a sales contract?
A binding agreement to buy and sell property on stated terms.
Does it follow an LOI?
Usually in commercial deals.
What is an inspection period?
A window to complete due diligence and terminate if needed.
When does the deposit go hard?
Usually when the inspection period ends, per the contract.
What are representations and warranties?
Statements of fact by the parties, often about the property's condition and leases.
Article Summary
A sales contract binds buyer and seller to price, deadlines, and remedies; it usually follows the LOI.
Key Takeaways
- ✓A sales contract binds buyer and seller to price.
- ✓deadlines.
- ✓and remedies.
- ✓it usually follows the LOI.
About Michael R. Linton
Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor. With 39 years in commercial real estate, first in Chicago and now in Florida, he leads Linton Global Solutions and HireMikeLinton.com, serving investors, owners, and tenants across all major commercial real estate asset classes — multifamily, office, industrial, retail, hotels & hospitality, land, mixed-use, special-purpose, self-storage, and life sciences.
Michael holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722). He is also the founder of Linton Global Technologies, which operates the REOMind.ai AI-powered REO disposition platform serving a network of banks.
Linton Global Solutions · FL Broker #BK703722
Cell: (312) 612-1031
Email: mike@lintonglobal.com
Web: LintonGlobal.com
Ready to Talk About Your Sales Contract Deal?
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Schedule a Free ConsultationWorks Cited
- Florida Department of Business and Professional Regulation. "License Verification: Michael R. Linton, Florida Broker BK703722." MyFloridaLicense.com, https://www.myfloridalicense.com/wl11.asp. Accessed Oct 9, 2026.
Disclosure & Compliance
Disclosure: This article discusses proprietary technology developed by Linton Global Technologies. Michael R. Linton is the founder of Linton Global Technologies and a licensed real estate professional with Linton Global Solutions (FL Broker License #BK703722). This content is for informational purposes only and does not constitute investment, legal, or financial advice.
Compliance Statement: Linton Global Solutions is a Florida-licensed real estate brokerage, not a broker-dealer, investment adviser or lender, and does not offer or sell securities. CREDDS and REOMind.ai provide decision support only. Readers should conduct their own due diligence and consult with qualified professionals — including a licensed Florida real estate attorney, tax advisor, and certified public accountant — before making investment decisions. Past performance does not guarantee future results.