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Page 1 of 3CONTINGENT UPON SALE ADDENDUM PROJECT NAME: PROPERTY: Lot or Unit:Street Address:BUYER: THIS CONTINGENT UPON SALE ADDENDUM (herein the “Contingency Addendum “) constitutes a part of
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How to fill out contingent upon sale addendum

01
Start by obtaining a contingent upon sale addendum form from a real estate agent or an attorney.
02
Read the form carefully and familiarize yourself with the terms and conditions.
03
Provide your personal and property information in the designated sections, such as your name, address, and contact details.
04
Specify the terms of the contingent sale, including the duration of the contingency period and any specific conditions that must be met.
05
Detail any additional provisions or requirements that you would like to include in the addendum.
06
Have your real estate agent or attorney review the filled-out addendum before submitting it to the other party.
07
Once both parties agree to the terms, sign the addendum and make sure all involved parties receive a signed copy.
08
Keep a copy of the addendum for your records and refer to it throughout the selling process.
09
If any changes need to be made to the addendum, consult with your real estate agent or attorney to prepare an amendment.
10
Remember to adhere to all deadlines and obligations outlined in the addendum to ensure a smooth and legally binding transaction.

Who needs contingent upon sale addendum?

01
Buyers who want to purchase a new property but still need to sell their current home before proceeding with the purchase.
02
Sellers who have received an offer from a buyer with a contingency to sell their own property first.
03
Real estate agents and attorneys who handle transactions involving contingent sales.
04
Homeowners who want to protect themselves from the risk of their buyer backing out if they cannot sell their current home.
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Contingent upon sale addendum is a document added to a real estate contract that makes the closing of the sale contingent upon the buyer selling their current home.
The buyer who needs to sell their current home in order to purchase a new home is required to file a contingent upon sale addendum.
To fill out a contingent upon sale addendum, the buyer must specify the terms under which they will sell their current home before proceeding with the purchase of a new home.
The purpose of contingent upon sale addendum is to protect buyers who need to sell their current home in order to be able to purchase a new home.
The contingent upon sale addendum must include details about the buyer's current home, such as its listing price, expected time to sell, and any other conditions that need to be met before closing.
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