Of course, a sales contract is often used for seller financing when the seller lends money to the buyer to pay for the house. This type of transaction can occur if the buyer cannot qualify for a traditional mortgage. Here are the best ways to save money when building a home. Find out what objects could last a century in your home and which objects need to be replaced. In the event of the seller`s failure to sell or hand over the property to the buyer, the buyer obtains a right to certain services in accordance with the provisions of the Specific Relief Act 1963. A similar right is available to the seller under the contract to obtain a specific service from the buyer. What the sales contract creates is a right for the buyer to buy the property in question under certain conditions.