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PROPERTY DESCRIPTION ADDENDUM FOR VACANT LAND This form recommended and approved for, but not restricted to use by, the members of the Pennsylvania Association of Realtors (PAR). 1 PROPERTY 2 3 SELLER(S)
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How to fill out property description addendum:

01
Start by providing the necessary information about the property. This includes the address, legal description, and any relevant parcel numbers or identifiers.
02
Describe the property in detail. Include information about the size, layout, and any notable features or amenities. It is important to be accurate and comprehensive in your description.
03
If there are any encumbrances or legal restrictions on the property, make sure to disclose them in the addendum. This can include things like easements, liens, or zoning restrictions.
04
Include any additional terms or conditions that apply to the property. This can include leasing restrictions, parking arrangements, or any other specific requirements or limitations.
05
You may also need to attach supporting documents, such as surveys, tax records, or inspection reports. Make sure to include these if they are relevant to the property description.
06
Review the completed addendum for accuracy and completeness. Double-check that all information is correct and that all necessary sections have been filled out.

Who needs property description addendum:

01
Homeowners or landlords who are renting or selling their property may need a property description addendum. This document helps provide detailed information about the property to potential buyers or tenants.
02
Real estate agents or property managers may also use a property description addendum when listing a property. It helps provide accurate and comprehensive information to interested parties.
03
Property developers or investors who are acquiring or developing properties may use a property description addendum to outline the specific details and features of the property they are interested in.
In summary, anyone involved in buying, selling, or renting properties can benefit from using a property description addendum. It ensures that all relevant details about the property are clearly stated and disclosed, making the transaction process smoother and more transparent.
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Property description addendum is used to provide additional details or clarification about a property that may not be included in the initial description.
The property owner or the seller is usually required to file the property description addendum.
The property description addendum can be filled out by providing detailed information about the property in a clear and concise manner.
The purpose of property description addendum is to ensure that all relevant information about the property is disclosed to potential buyers or individuals.
Information such as any renovations, property boundaries, easements, or any other details that may impact the property should be reported.
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