Fillable Residential Contract Of Sale Template printable pdf download

Residential Contract Of Sale Template

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Warning: No representation is made that this form of contract for the sale and

purchase of real estate complies with Section 5-702 of the General Obligations

Law (“Plain Language Law”).

CONSULT YOUR LAWYER BEFORE SIGNING THIS AGREEMENT

NOTE: FIRE AND CASUALTY LOSSES AND CONDEMNATION

This contract form does not provide for what happens in the event of fire, or other

casualty loss or condemnation before the title closing. Unless different provision

is made in this contract, Section 5-1311 of the General Obligations Law will

apply. One part of that law makes a Purchaser responsible for fire and casualty

loss upon taking possession of the Premises before the title closing.

Residential Contract of Sale

Contract of Sale made as of __________________________________ between

________________________________________________________________ Address:

__________________________________________________________________ Social

Security Number/ Fed. I.D. No(s): _____________________ hereinafter called “Seller”

and ____________________________________________________________________

Address: ________________________________________________________________

Social Security Number/ Fed. I.D. No(s): _____________________ hereinafter called

“Purchaser”.

The parties hereby agree as follows:

1. Premises. Seller shall sell and convey and Purchaser shall purchase the

property, together with all buildings and improvements thereon (collectively the

“Premises”), more fully described on a separate page marked “Schedule A”, annexed

hereto and made a part hereof and also known as: ________________________ Street

Address: __________________________________________________________.

Tax

Map Designation: ___________________________________________.

Together with Seller’s ownership and rights, if any, to land lying in the bed of any street

or highway, opened or proposed, adjoining the Premises to the center line thereof,

including any right of Seller to any unpaid award by reason of any taking by

condemnation and/or for any damage to the Premises by reason of change of grade of any

street or highway. Seller shall deliver at no additional cost to Purchaser, at Closing (as

hereinafter defined), or thereafter, on demand, any documents that Purchaser may

Residential Contract Of Sale Template

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