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. Smart Buyers and Sellers have not yet figured out how to structure every Property sale as a flip of an existing Contract. All money payable under this contract, unless otherwise specified shall be either: (a) Cash, but not over one thousand. We've included a lengthy, typical NYC real estate purchase contract geared towards new development for your review below. This is a basic listing agreement or contract if you will uh between you the agent and the seller the homeowner.