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RADON ADDENDUM This Radon Addendum (this Addendum) modifies Real Estate Sale Agreement No. dated, 20 (the Sale Agreement) concerning the property commonly known as (the Property) between the following

How to fill out radon addendum

How to fill out a radon addendum:

1. Obtain the radon addendum form: The first step is to acquire the radon addendum form, which is typically available from your local real estate board or online on their official website.
2. Read the instructions carefully: Before filling out the radon addendum, it's important to thoroughly read and understand the instructions provided with the form. This will ensure that you are aware of the specific requirements and procedures for completing the addendum.
3. Gather the necessary information: Collect all the relevant information that you will need to complete the radon addendum. This may include details such as the property address, names of the parties involved, and any previous radon testing or mitigation information.
4. Complete the addendum sections: The radon addendum typically consists of several sections that need to be filled out. These sections may include disclosure statements, buyer/seller acknowledgments, and additional space for comments or signatures. Go through each section carefully and provide accurate and complete information as required.
5. Provide necessary signatures: Ensure that all the required parties sign the radon addendum. This usually includes the buyer, the seller, and sometimes even additional individuals involved in the transaction, such as real estate agents or inspectors. Make sure to sign and date the addendum where necessary.
6. Keep a copy for documentation: Once the radon addendum is filled out and signed, make sure to retain a copy for your records. This will serve as proof that the necessary disclosures and acknowledgments regarding radon have been made in the real estate transaction.

Who needs a radon addendum:

A radon addendum is typically required in real estate transactions where the property is located in an area with a known radon risk or when radon testing or mitigation measures have been conducted. This addendum is primarily utilized to disclose information about the presence of radon gas, previous testing results, and any mitigation systems in place.

The radon addendum is important for both buyers and sellers as it ensures that all parties are aware of the radon situation in the property. It helps protect the buyer by providing them with essential information regarding radon levels and any necessary steps for mitigation. For sellers, the radon addendum helps ensure legal compliance and transparency regarding radon-related issues, thereby reducing potential liability.

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What is radon addendum?

Radon addendum is a document attached to a real estate contract that discloses information about radon levels in a property.

Who is required to file radon addendum?

The seller of a property is typically required to file the radon addendum.

How to fill out radon addendum?

To fill out a radon addendum, the seller must provide information about radon testing results and any mitigation measures taken.

What is the purpose of radon addendum?

The purpose of a radon addendum is to inform potential buyers about the presence of radon in a property and any actions taken to address it.

What information must be reported on radon addendum?

Information such as radon testing results, mitigation measures, and contact information for radon professionals must be reported on the radon addendum.