Get the free Addendum to listing contract - National Real Estate Law Group

ADDENDUM TO LISTING CONTRACT This Addendum to Listing Contract is made on, to a Listing Contract dated, by and between (Seller) and (Brokerage Firm) for the Property: 1. Conditional acceptance and

How to fill out addendum to listing contract

How to fill out an addendum to a listing contract:

1. Ensure you have a copy of the original listing contract. Review the terms and conditions outlined in the contract to understand the changes or additions that need to be made.
2. Start by indicating the date at the top of the addendum. This is important for record-keeping and reference purposes.
3. Clearly state the purpose of the addendum. Specify what changes or additional terms are being added to the existing listing contract.
4. Clearly identify the parties involved in the addendum. Include the names of the listing agent, seller, and any other relevant parties. Make sure each party signs and dates the addendum.
5. Provide a detailed description of the changes or additions being made. If there are specific terms, conditions, or clauses that need to be modified or added, clearly state them in the addendum. Be specific and avoid any ambiguous language.
6. If necessary, include any supporting documents or disclosures that need to be attached to the addendum. This may include documents related to property inspections, repairs, or any other relevant information.
7. Ensure all parties involved review the addendum thoroughly. It's important to have a clear understanding of the changes being made and to ask any questions or seek clarification before signing.
8. Once all parties are in agreement with the content of the addendum, have each party sign and date it. This signifies their acceptance and consent to the changes made. Make sure to provide copies of the signed addendum to all parties involved for their records.

Who needs an addendum to a listing contract?

1. Sellers who want to make changes or add additional terms to their existing listing contract may require an addendum. This allows them to modify or add new conditions and terms without having to draft an entirely new contract.
2. Listing agents may also request an addendum if there is a need to amend or clarify certain aspects of the original listing contract.
3. In some cases, buyers or other parties involved in the transaction may also request an addendum to address specific concerns or requirements.

Please note that specific circumstances may vary, and it's always recommended to consult with a real estate professional or attorney when dealing with legal contracts like listing agreements and addendums.

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What is addendum to listing contract?

An addendum to a listing contract is a document that amends or adds to the terms and conditions of the original listing agreement.

Who is required to file addendum to listing contract?

The parties involved in the listing contract, such as the seller and the real estate agent, are required to file the addendum.

How to fill out addendum to listing contract?

To fill out an addendum to a listing contract, you will need to review the original contract, clearly state the changes or additions, and have all parties sign and date the document.

What is the purpose of addendum to listing contract?

The purpose of an addendum to a listing contract is to modify or supplement the original agreement without having to create an entirely new contract.

What information must be reported on addendum to listing contract?

The addendum to a listing contract must include details of the changes or additions being made to the original agreement, as well as the signatures of all parties involved.