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RESIDENTIAL REAL ESTATE PURCHASE INSPECTION WAIVER ADDENDUM To be used in conjunction with the Residential Real Estate Purchase Agreement approved by Northwest Ohio REALTORS This Inspection Waiver
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How to fill out inspection contingency addendum to
How to fill out inspection contingency addendum to
01
Obtain a copy of the inspection contingency addendum form.
02
Fill out the header section with the date, names of buyers and sellers, property address, and any other relevant information.
03
Read through the terms of the contingency addendum carefully to understand the implications for both parties.
04
Specify the deadline for completing the inspection and any potential contingencies that may arise.
05
Have both parties sign and date the form to make it legally binding.
06
Keep a copy of the completed inspection contingency addendum for your records.
Who needs inspection contingency addendum to?
01
Home buyers who want to protect themselves in case unforeseen issues are discovered during the inspection process.
02
Sellers who want to outline specific terms and conditions related to the inspection of the property.
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What is inspection contingency addendum to?
Inspection contingency addendum is typically added to a real estate purchase agreement.
Who is required to file inspection contingency addendum to?
Buyers are usually required to file inspection contingency addendum.
How to fill out inspection contingency addendum to?
To fill out the inspection contingency addendum, buyers must report any issues found during the inspection.
What is the purpose of inspection contingency addendum to?
The purpose of inspection contingency addendum is to protect buyers by allowing them to back out of the purchase agreement if significant issues are found during the inspection.
What information must be reported on inspection contingency addendum to?
Buyers must report any defects or issues identified during the inspection on the inspection contingency addendum.
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