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SELLER CONTRIBUTION ADDENDUM #to Contract of SaledatedBetween Buyer and Seller for Property known as. The following provisions are included in and supersede any conflicting language in the Contract. In
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How to fill out seller contribution addendum

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How to fill out seller contribution addendum:

01
Start by obtaining a copy of the seller contribution addendum form. This form can typically be found online on real estate websites or obtained from your real estate agent.
02
Read through the form carefully to understand its purpose and the information it requires. The seller contribution addendum is used to outline any financial contributions the seller will make towards the buyer's closing costs or other expenses related to the sale.
03
Provide your contact information and the property details at the top of the form. This includes the names of the buyer and seller, the property address, and any other relevant information.
04
Specify the amount of financial contribution the seller is willing to make. This can be a percentage of the total sale price or a specific dollar amount. Clearly indicate the contribution amount in the appropriate section of the form.
05
If there are any specific conditions or requirements associated with the seller's contribution, such as a maximum or minimum contribution limit, include those details in the corresponding section.
06
If the seller's contribution is dependent on certain contingencies, such as the successful closing of the sale or the buyer meeting certain conditions, make sure to outline these conditions in the relevant section of the form.
07
Review the completed form carefully to ensure all information is accurate and complete. Make any necessary corrections or additions before signing the document.
08
Once reviewed, both the buyer and seller should sign and date the seller contribution addendum form. It is advisable to have an additional witness or a notary public present to authenticate the signatures.
09
Keep a copy of the signed seller contribution addendum for your records, and provide a copy to all parties involved in the real estate transaction, such as the buyer's agent and the closing attorney.

Who needs seller contribution addendum?

01
Buyers who require financial assistance with their closing costs or other expenses related to the purchase of a property may need a seller contribution addendum.
02
Sellers who are willing to provide financial contributions towards the buyer's costs may also need to use a seller contribution addendum to outline the terms and conditions of their contribution.
03
Real estate agents and closing attorneys involved in the transaction may also require a seller contribution addendum to document and facilitate the financial arrangements between the buyer and seller.
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The seller contribution addendum is a document that outlines any financial contributions or incentives provided by the seller to the buyer during a real estate transaction.
The seller is typically required to file the seller contribution addendum as part of the real estate transaction process.
The seller contribution addendum should be filled out with details of any financial contributions or incentives provided by the seller to the buyer.
The purpose of the seller contribution addendum is to disclose any financial contributions or incentives provided by the seller to the buyer during a real estate transaction.
The seller contribution addendum must include details of any financial contributions or incentives provided by the seller to the buyer, including the amount and purpose of the contribution.
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