Get a comprehensive understanding of New York real estate purchase and sale agreements with our indepth overview and free template. I'm gonna break down all the terms and conditions so you can understand what it means and we're gonna fill that out so you can have a real-life example of it.The form includes information about the buyer and seller, purchase price, earnest money deposit, closing date, and any additional terms of sale. Learn about Navigating Real Estate Contracts in New York State: Key Terms and Legal Considerations in this blog and contact our attorney today. The property and improvements which the Seller is agreeing to sell and which the Purchaser is agreeing to purchase is known as. Get an overview of what real estate agents and their clients should know about earnest money and how it impacts the real estate transaction. Filling out personal check. The New York residential purchase agreement is a document that allows a buyer to make a written offer to a seller for a residential property. Buyers submit earnest money with an offer to buy a property.