Which of the following is NOT typically included in a purchase agreement?

A purchase agreement typically outlines all the critical details concerning the sale of a property. The offer price, closing date, and any personal property included in the sale are essential components of this legal document, as they clearly define the terms and conditions agreed upon by the buyer and seller.

The offer price specifies the amount that the buyer is willing to pay for the property, which is fundamental to any transaction. The closing date indicates when the transaction will be finalized, providing a timeline for both parties. Additionally, detailing personal property included in the sale, such as appliances or fixtures, ensures clarity and prevents disputes at closing.

In contrast, while property boundaries are important, they are typically established through surveys or legal descriptions rather than being directly outlined in the purchase agreement itself. The boundaries may be implied through legal descriptions in the deed or may need to be verified separately, making them less likely to be specifically detailed within the purchase agreement. This distinction is why property boundaries are not usually included in the standard contents of a purchase agreement.