This purchase and sale agreement may be used for the purchase and sale of commercial property in Arizona. This template includes practical guidance, drafting notes, and alternate and optional clauses. The length and specificity of a purchase and sale agreement varies depending on the size and type of the property being acquired or sold, the complexity of the transaction, and the relative bargaining power of the parties. This template is suggested for use in Arizona, however local counsel should be consulted to ensure that all state-specific requirements have been met and that the purchase and sale agreement complies with Arizona law in all respects. For more on purchasing and selling commercial real property, see Purchasing and Selling Commercial Real Estate Resource Kit. For guidance on owning and operating commercial property in Arizona, see Commercial Real Estate Ownership (AZ). For additional purchase and sale agreement templates for use in Arizona, see Purchase and Sale Agreement (Short Form) (Pro-Buyer) (AZ) and Purchase and Sale Agreement (Short Form) (Pro-Seller) (AZ).