This document is an agreement of sale between a vendor and purchaser for a house property. It outlines the key terms of the sale, including: 1) The price agreed upon for the property and that it is being sold free of all encumbrances. 2) The purchaser has paid an earnest deposit and the time frame for completing the sale. 3) The vendor will deliver possession of the property to the purchaser before registration of the conveyance deed. 4) Both parties' obligations and consequences for breach of contract are specified, including refund of deposits and potential damages.