Purchaser's Rider to Residential Contract of Sale
(NY)

Summary

This template of a purchaser's rider to residential contract of sale may be used to modify and supplement a standard purchase and sale contract for a residential house in New York. This template includes practical guidance, drafting notes, alternate clauses, and optional clauses. This rider should be submitted to the seller's attorney for review and approval prior to the purchaser's execution of the contract. This template is intended for use in connection with the sale of a stand-alone home and should not be used in cooperative apartment and condominium transactions. It also does not encompass all regional differences and applicable regional practices should be followed. Finally, capitalized terms as used herein are intended to conform to those typically found in a standard form of residential contract and should be changed as needed. For general guidance on the purchase and sale of property in New York, see Purchase and Sale of Residential Real Property (NY) and Recent Amendments to the New York Property Condition Disclosure Act Bring Significant Changes. For a sample template of a contract, see Contract of Sale (House) (NY). For additional resources, see Residential Purchase and Sale Transactions Resource Kit (NY).