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CONTINGENCY CLAUSE ADDENDUM TO BUY AND SELL AGREEMENT EQUAL HOUSING OPPORTUNITYREALTOR1. In reference to the Buy and Sell Agreement between the Buyer and2. The Seller, with a referenced contract date
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How to fill out contingency clause addendum to

01
To fill out a contingency clause addendum, follow these steps:
02
Read the original contract thoroughly to understand the existing terms and conditions.
03
Identify the specific contingency you want to add to the contract.
04
Clearly state the contingency in the addendum, providing detailed and specific information.
05
Specify the conditions that must be met in order for the contingency to be activated.
06
Determine the timeline and deadlines associated with the contingency.
07
Clearly outline any changes or additions to the original contract that may be necessary due to the contingency.
08
Have all parties involved review and sign the addendum to make it legally binding.
09
Keep a copy of the addendum with the original contract for future reference and documentation.

Who needs contingency clause addendum to?

01
A contingency clause addendum may be needed by any party involved in a contract who wants to add specific conditions or contingencies to the original agreement.
02
This could include buyers, sellers, landlords, tenants, or any party looking to ensure that certain conditions or events are met before the contract can proceed.
03
Adding a contingency clause addendum can help protect the interests of all parties involved and provide a clear framework for handling unexpected situations.
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Contingency clause addendum is typically added to a real estate contract.
The parties involved in a real estate transaction are required to file a contingency clause addendum.
Contingency clause addendum should be filled out by providing all the necessary details and conditions of the contingency.
The purpose of contingency clause addendum is to outline specific conditions that must be met for the agreement to be binding.
Information regarding the contingencies, such as inspection, financing, or appraisal, must be reported on the contingency clause addendum.
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