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PROPERTY INSPECTION ADDENDUM The undersigned parties make this Addendum a part of the Purchase Agreement dated on property located at, County of, State of CHECK ONE, (“Property). Purchaser understands
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How to fill out pdffiller form
01
Start by obtaining a copy of the property inspection addendum form from your real estate agent or attorney. Ensure that it is the correct form for your specific jurisdiction and type of property.
02
Review the addendum form carefully, paying attention to any instructions or guidelines provided. Familiarize yourself with the sections and fields that need to be completed.
03
Begin by entering your personal information, such as your name, contact details, and any other required identifiers, at the top of the form.
04
The addendum will typically require you to provide specific details about the property being inspected. This may include the address, legal description, and any identifying numbers or codes associated with the property.
05
Next, carefully read through the terms and conditions outlined in the addendum. These may include provisions related to the inspection process, any potential repairs or remedies, and the responsibilities of both parties involved (buyer and seller).
06
If there are any pre-existing issues or known defects with the property, make sure to disclose them accurately in the appropriate section of the addendum. This will help protect both you and the seller from future disputes.
07
Consider including any additional clauses or terms that you believe are necessary to protect your interests as a buyer. These could include specific repairs or contingencies that need to be met before closing the deal.
08
Once you have completed all the necessary sections, review the addendum thoroughly to ensure that all the information provided is accurate and complete. Make any necessary corrections before signing the document.
09
It is highly recommended to have your real estate agent or attorney review the completed addendum before proceeding. They can provide valuable insights and address any questions or concerns you may have.
10
Keep a copy of the filled-out property inspection addendum for your records. Provide a signed copy to the seller or their representative as required.
Who needs property inspection addendum?
01
Homebuyers or property buyers who want to ensure a thorough inspection of the property they are purchasing.
02
Sellers who may be required to disclose any known defects or issues with the property that could affect its value or desirability.
03
Real estate agents, brokers, or attorneys involved in the transaction who need to facilitate the inspection and ensure all parties are aware of any potential issues.
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What is property inspection addendum?
Property inspection addendum is a document that outlines any additional inspections or conditions that need to be completed before the sale of a property can be finalized.
Who is required to file property inspection addendum?
The buyer and seller of a property are typically required to file the property inspection addendum.
How to fill out property inspection addendum?
The property inspection addendum can be filled out by providing details of any additional inspections or conditions that need to be completed, and signing and dating the document.
What is the purpose of property inspection addendum?
The purpose of the property inspection addendum is to ensure that all necessary inspections and conditions are completed before the sale of a property is finalized.
What information must be reported on property inspection addendum?
The property inspection addendum must report details of any additional inspections or conditions that need to be completed.
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