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SHORT TERM LEASEBACK ADDENDUM NO. TO REAL ESTATE PURCHASE CONTRACT THIS IS AN ADDENDUM COUNTEROFFER to that REAL ESTATE PURCHASE CONTRACT (the RPC “) with an Offer Reference Date of, including all
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How to fill out short term lease-back addendum

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How to fill out short term lease-back addendum

01
Obtain a copy of the short term lease-back addendum form from your real estate agent or attorney.
02
Read the addendum carefully to understand its terms and conditions.
03
Fill out the addendum by providing the required information such as the names of the parties involved, property address, and lease-back period.
04
Specify the amount of rent to be paid during the lease-back period and the terms of payment.
05
Include any additional terms and conditions that both parties agree upon, such as deposit requirements or maintenance responsibilities.
06
Review the completed addendum to ensure all information is accurate and complete.
07
Sign the addendum and have all parties involved, including the buyer and seller, also sign and date the document.
08
Make copies of the signed addendum for all parties involved and keep them for your records.
09
Provide a copy of the addendum to your real estate agent, attorney, or other relevant parties involved in the transaction.
10
Follow any further instructions or steps provided by your agent or attorney to finalize the lease-back agreement.

Who needs short term lease-back addendum?

01
Short term lease-back addendum is needed in real estate transactions where the seller wants to temporarily lease the property back from the buyer after the sale has closed.
02
This may be necessary for reasons such as the seller needing more time to move out or the buyer wanting to generate rental income before occupying the property.
03
Both the seller and the buyer can benefit from a short term lease-back addendum as it provides a legal framework for the temporary lease arrangement, protecting the rights and obligations of both parties.
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The short term lease-back addendum is a document that allows a property owner to lease back their property for a short period of time after selling it.
The seller or property owner is required to file the short term lease-back addendum.
The short term lease-back addendum can be filled out by providing the necessary information about the lease-back agreement, such as the duration of the lease and any conditions or restrictions.
The purpose of the short term lease-back addendum is to formalize the agreement between the seller and the buyer for the temporary lease of the property.
The short term lease-back addendum must include details about the lease duration, rent amount, any security deposits, and any other terms and conditions of the lease-back agreement.
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