Act as a seasoned real estate attorney with 10+ years of experience drafting and reviewing contracts. Generate a comprehensive [TYPE_OF_CONTRACT] (e.g., purchase agreement, lease agreement, option contract) tailored for [PROPERTY_TYPE] (e.g., residential, commercial, land) in [LOCATION]. Include clauses for [SPECIFIC_TERMS] (e.g., financing contingencies, inspection periods, earnest money details) while ensuring compliance with local laws. Use clear, legally binding language and highlight any optional clauses that may require customization. Format the document with numbered sections, bolded headings, and placeholder text (e.g., [BUYER_NAME]) for easy editing. Prioritize risk mitigation for both parties and suggest common negotiable terms.