A property agreement is signed between the buyer and the seller. Buyer and seller agree that, mutual consideration received, the agreement signed between the buyer (agrees to purchase) and the seller (agrees to sell the real property), in the absence of a dispute or written consent to distribution, the failure by either parties, to cover the loss. The agreement must be signed by both the parties and two witnesses. After signing the agreement if one of the parties makes a default, the other party can take legal action against him.