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Sale Agreement # FINAL AGENCY ACKNOWLEDGMENT 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Both Buyer and Seller acknowledge having received the Oregon Real Estate Agency Disclosure Pamphlet, and hereby
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How to fill out inspection addendum form

How to fill out inspection addendum:
01
Start by obtaining a copy of the inspection addendum form. This can typically be obtained from your real estate agent, the seller, or the inspection company.
02
Carefully read the instructions and requirements stated on the form. Make sure you understand what information needs to be provided and any specific guidelines for filling out the form.
03
Begin by filling out the basic information section, which typically includes your name, contact information, and the property address.
04
Review the inspection report thoroughly and note any issues or deficiencies that were identified during the inspection. Be sure to include these details accurately in the addendum, using the appropriate sections or checkboxes provided.
05
If the addendum requires you to provide a response or action plan for each issue, carefully consider your options and determine how you would like to proceed. This may involve requesting repairs, negotiating a credit or price reduction, or accepting the property as-is.
06
Fill in the necessary sections to indicate your preferred resolution for each issue, being as specific as possible. If further details or explanations are needed, you may attach additional documentation or write in the provided spaces for comments or explanations.
07
Once you have completed all the required sections, review the addendum one final time to ensure accuracy and completeness. Make any necessary corrections or clarifications before signing and dating the document.
08
Keep a copy of the filled-out inspection addendum for your records and provide a copy to the appropriate parties involved, such as your real estate agent or the seller's agent.
Who needs inspection addendum:
01
Homebuyers: When purchasing a property, homebuyers may need an inspection addendum to document any issues or deficiencies discovered during the inspection process and outline the desired resolutions.
02
Home sellers: Sellers may need an inspection addendum if the buyer's inspection reveals any issues that need to be addressed before closing. The addendum can help negotiate the necessary repairs or modifications.
03
Real estate agents: Agents representing either the buyer or the seller may be involved in preparing or reviewing the inspection addendum to ensure all necessary information is properly recorded and discussed between the parties involved.
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What does addendum mean for house?
A real estate addendum modifies an original lease or purchase agreement. Items in the addendum could reflect a change in the agreed-upon price, what is included in the transfer of property, what improvements must be made before the home is paid for, or any other agreed-upon requests or responsibilities.
What is a septic addendum?
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What is addendum to closing disclosure?
The document will include any additional information or requests that the buyer did not put into the original purchase and sale agreement.
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What is inspection addendum?
An inspection addendum is a document that provides additional information or details following a property inspection, often used in real estate transactions.
Who is required to file inspection addendum?
Typically, the buyer or their agent is required to file the inspection addendum as part of the conditions to proceed with the purchase agreement.
How to fill out inspection addendum?
To fill out an inspection addendum, one must provide details of the inspection findings, specify any repairs requested, and include deadlines for completion.
What is the purpose of inspection addendum?
The purpose of an inspection addendum is to officially communicate any issues discovered during a property inspection and negotiate repairs or concessions.
What information must be reported on inspection addendum?
The information that must be reported includes inspection findings, requested repairs, timelines, and any other terms agreed upon by both parties.
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