Capital Region MLS Contract Form – Fill Out and Use This PDF

Capital Region MLS Contract Form PDF Details

The Capital Region Multiple Listing Service, Inc. Standard Form Contract is a legally binding real estate agreement used in New York's Capital Region for the purchase and sale of residential property. It is approved by the Greater Capital Association of Realtors (GCAR) and governs the full transaction from offer acceptance through closing.

Key provisions covered by the contract include:

• Parties and property identification: Full legal names of the purchaser and seller, property address, and tax map designation.
• Items included and excluded from the sale: Fixtures, built-in appliances, awnings, and other personal property attached to the home.
• Purchase price and deposits: The agreed total price, the initial deposit paid at contract signing, and any additional deposit amount and due date.
• Mortgage contingency: Financing conditions including loan type, maximum interest rate, loan amount, and the deadline for the buyer to obtain a commitment letter.
• Title, survey, and deed: Requirements for an abstract of title or title insurance, permitted exceptions, and survey obligations before closing.
• Closing date and possession: The projected closing date, proration of taxes and utilities, and when the buyer takes possession of the property.
• New York State Transfer Tax: Allocation of state and local transfer taxes between purchaser and seller, and responsibility for the mortgage recording tax.

Because this is a legally binding agreement, both buyers and sellers should review all terms with a qualified real estate attorney before signing. View related documents including the New York Real Estate Purchase Agreement and the Seller Property Disclosure Statement.