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New Home Addendum For Use in Washington, DC & Montgomery County, Maryland (Required for Use with MAR and Regional Contracts) 8715 Brad moor Drive The Contract of Sale dated, Address Bethesda MD 20817

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How to fill out new home addendum

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Start by reviewing the new home addendum form to understand its content and requirements.

02

Fill out your personal information, such as your name, address, and contact details, in the designated fields.

03

Read each section of the addendum carefully and provide accurate information as required.

04

If there are specific terms or conditions mentioned in the addendum, make sure to follow them accordingly.

05

If you have any questions or uncertainties, seek advice from a real estate professional or a lawyer to ensure you understand the implications of the addendum.

06

Double-check all the information you have provided to ensure accuracy and completeness.

07

Sign and date the addendum to validate your agreement to its terms.

08

Make a copy of the completed addendum for your records.

09

Submit the filled-out addendum to the appropriate party, such as the seller, landlord, or real estate agent.

Who needs new home addendum?

01

Anyone who is purchasing or renting a new home may need a new home addendum. It is a document that supplements the main contract and addresses specific issues or additional agreements related to the home purchase or rental, such as modifications, repairs, or responsibilities. Both the buyer/tenant and the seller/landlord may need to fill out and sign the new home addendum to ensure clarity and agreement on these additional terms.

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What is new home addendum?

A new home addendum is a legal document that is typically included in real estate transactions to provide additional information or conditions related to the sale of a new home.

Who is required to file new home addendum?

The seller or builder of the new home is usually required to file the new home addendum as part of the closing process.

How to fill out new home addendum?

To fill out a new home addendum, one must provide details such as the property information, buyer and seller details, any specific contingencies, and any terms related to warranties or disclosures.

What is the purpose of new home addendum?

The purpose of the new home addendum is to clarify the terms of the sale, provide disclosures required by law, and protect both the buyer and the seller in the transaction.

What information must be reported on new home addendum?

Information that must be reported includes the property address, names of buyers and sellers, any special conditions or contingencies, and any disclosures related to the condition of the property.

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