The New York Contract of Sale (Amended 1975) is a legal document used in real estate transactions for buying and selling residential and commercial property in the state of New York. This form outlines the terms and conditions of the sale and provides a written record of the agreement between the buyer and the seller. The New York Contract of Sale (Amended 1975) has been updated and amended over the years to reflect the current real estate market. It includes sections outlining the purchase price, the date of closing, the buyer's and seller's obligations, financing information, and other relevant details. There are two versions of the New York Contract of Sale (Amended 1975): the Standard Form and the Short Form. The Standard Form is the most commonly used version and is suitable for most transactions. The Short Form is used when there is a limited amount of information that needs to be included in the contract.