Get the free ADDENDUM TO REAL ESTATE SALE AGREEMENT

ADDENDUM TO REAL ESTATE SALE AGREEMENT 1This is an Addendum to:Real Estate Sale AgreementSeller\'s Counter Offer2Re: Real Estate Sale Agreement No.3Buyer:4Seller:5The real property described as:6SELLER

How to fill out addendum to real estate

How to fill out addendum to real estate:

1. Start by reviewing the original real estate agreement. Understand the terms and conditions of the agreement that require an addendum.
2. Identify the changes or additions that need to be made to the original agreement. This could include modifying the purchase price, adding or removing contingencies, or updating any other relevant information.
3. Draft the addendum document. Include a clear and concise title that specifies it as an addendum to the original agreement. State the purpose of the addendum and provide a brief overview of the changes being made.
4. Clearly outline the changes. Use numbered paragraphs or bullet points to clearly state each modification or addition being made to the original agreement. Include specific details such as revised dates, amounts, or any other relevant information.
5. Ensure that the language used in the addendum is precise and unambiguous. Avoid any confusing or vague terminology that may lead to misunderstandings.
6. Include a section for signatures. Provide space for all parties involved to sign and date the addendum. It is important to have all parties sign to indicate their agreement to the changes being made.
7. Attach the completed addendum to the original real estate agreement. Make copies of the addendum for all parties involved, including the buyer, seller, and any intermediaries such as real estate agents or attorneys.
8. Submit the addendum to the appropriate parties. Provide copies to the necessary parties and keep a record of when and to whom the addendum was sent.
9. Review the addendum with all parties involved to ensure everyone understands and agrees to the changes made. Address any questions or concerns before finalizing the addendum.

Who needs addendum to real estate:

1. Sellers who want to make changes to the original agreement. If a seller wishes to modify certain terms of the real estate agreement, such as the purchase price or the closing date, they may need to fill out an addendum.
2. Buyers who want to add or remove contingencies. If a buyer wants to include or remove certain contingencies in the agreement, such as a home inspection or financing condition, they will need an addendum.
3. Real estate professionals. Real estate agents, brokers, and other professionals involved in the transaction may need to fill out an addendum to reflect changes made during negotiations or to address any specific concerns or requests of the parties involved.

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