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Inspection Contingency Removal Addendum as approved by Midland Board of REALTORS Date Pursuant to a Purchase Agreement first dated on the property commonly known as:, Michigan (Full mailing address)(Zip
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What is inspection contingency removal addendum?
An inspection contingency removal addendum is a document that allows the buyer to remove the inspection contingency from the purchase agreement once all inspection requirements have been met.
Who is required to file inspection contingency removal addendum?
The buyer is required to file the inspection contingency removal addendum.
How to fill out inspection contingency removal addendum?
The inspection contingency removal addendum can be filled out by the buyer and their real estate agent, then signed and submitted to the seller.
What is the purpose of inspection contingency removal addendum?
The purpose of the inspection contingency removal addendum is to officially notify the seller that all inspection requirements have been satisfied and the buyer is moving forward with the purchase.
What information must be reported on inspection contingency removal addendum?
The inspection contingency removal addendum typically includes the date of the inspection, any repair requests or agreements made as a result of the inspection, and the buyer's confirmation that they are removing the inspection contingency.
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