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Copyright March 2009 CINCINNATI AREA BOARD OF REALTORS, Inc. Contingent Sales Addendum With Prior Notice A product of the CINCINNATI AREA BOARD OF REALTORS, INC. Approved by Board Legal Counsel, except
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How to fill out contingent sales with notice
How to fill out contingent sales with notice:
01
Fill in the necessary information: Begin by providing your contact details, including your name, address, phone number, and email. Also, include the name and contact information of the buyer or seller involved in the transaction.
02
Describe the property: Include a detailed description of the property being sold. Mention the address, size, layout, condition, and any other relevant details that may impact the sale.
03
Specify the terms and conditions: Clearly outline the terms and conditions of the contingent sale. This may include contingencies, such as financing, home inspections, or the sale of another property. Be specific about any deadlines or obligations that need to be fulfilled.
04
Include any additional clauses: Depending on the specific circumstances, it may be necessary to include additional clauses in the contingent sales with notice form. These could relate to issues such as property repairs, property disclosures, or other legal considerations.
05
Attach any supporting documents: If there are any supporting documents needed for the contingent sale, such as property titles, inspection reports, or financial documents, make sure to attach them to the notice form.
Who needs contingent sales with notice?
01
Real estate agents and brokers: They often use contingent sales with notice to document and facilitate transactions that have specific contingencies or requirements.
02
Buyers and sellers: Both parties involved in a real estate transaction may need to use contingent sales with notice to protect their interests and ensure that all necessary conditions are met before the sale is finalized.
03
Lenders and financial institutions: Contingent sales with notice are important for lenders to ensure that any financial contingencies or obligations are properly disclosed and fulfilled.
04
Legal professionals: Lawyers and attorneys may need to draft and review contingent sales with notice to ensure compliance with local laws and regulations and to protect their clients' interests.
Overall, contingent sales with notice are necessary for anyone involved in a real estate transaction that includes specific contingencies or conditions that need to be addressed.
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What is contingent sales with notice?
Contingent sales with notice are sales transactions that are contingent upon certain conditions being met before the sale is finalized.
Who is required to file contingent sales with notice?
Real estate agents, brokers, and sellers are required to file contingent sales with notice.
How to fill out contingent sales with notice?
Contingent sales with notice can be filled out by providing all relevant information about the sale, including any contingencies that must be met.
What is the purpose of contingent sales with notice?
The purpose of contingent sales with notice is to provide transparency and notification to interested parties about the conditions of a sale.
What information must be reported on contingent sales with notice?
Information such as the property address, selling price, contingencies, and parties involved must be reported on contingent sales with notice.
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