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COMMERCIAL PURCHASE ADDENDUM REGARDING SUBJECT PROPERTY: Buyer, as referred herein shall include optioned if any: Seller, as referred herein shall include option or if any: Broker as used herein shall
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Commercial purchase addendum is a document that is added to a commercial real estate purchase agreement to outline additional terms and conditions agreed upon by the buyer and seller.
Both the buyer and seller of a commercial property are typically required to file a commercial purchase addendum.
Commercial purchase addendum can be filled out by including the additional terms and conditions agreed upon by both parties, signing and dating the document.
The purpose of commercial purchase addendum is to address any specific issues or circumstances related to the commercial property transaction that are not covered in the main purchase agreement.
The commercial purchase addendum must include details of any additional terms, conditions, or amendments to the original purchase agreement.
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