The property and improvements which the Seller is agreeing to sell and which the Purchaser is agreeing to purchase is known as. Seller shall sell and convey and Purchaser shall purchase the property, together with all buildings and improvements thereon (collectively the.THIS PURCHASE AND SALE AGREEMENT (this "Agreement") is made as of this ____ day of. NYC Real Estate Purchase Contracts can be far more complex than the standardized purchase forms used in other states. A New York residential purchase agreement outlines the terms of a transaction between the buyer and the seller of a residential property. The net result still remains a reason- able template for a New York purchase and sale contract. With our free Sales Agreement form, you'll be ready to print or download your contract in no time. The buyer and seller will typically fill out this form with the assistance of a real estate agent or broker. Fill in the details. Close. The form includes information about the buyer and seller, purchase price, earnest money deposit, closing date, and any additional terms of sale.