The property and improvements which the Seller is agreeing to sell and which the Purchaser is agreeing to purchase is known as. A New York commercial real estate purchase and sale agreement is a contract between a buyer and seller used to transfer ownership of commercial property.Purchaser shall pay Seller the purchase price ("Purchase Price") set forth in Schedule C attached hereto, subject to the terms and conditions of this contract. In this video, Ron Rhode will be going over the A.CRE Office Purchase and Sales Agreement free real estate template. Within 30 business days of being selected, the successful bidder must execute a contract of sale with the SCWA for the purchase of the parcel. Recording Forms ; TP-584-I, Combined Real Estate Transfer Tax Return and Credit Line Mortgage Certificate. Use a commercial real estate purchase agreement to secure transactions and protect your interests effectively.