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INSPECTION ADDENDUM To be used in conjunction with the Residential Real Estate Purchase Agreement approved by Northwest Ohio REALTORS This Addendum is made part of the Residential Real Estate Purchase
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How to fill out inspection contingency addendum to
How to fill out inspection contingency addendum to
01
Read and understand the terms of the inspection contingency addendum.
02
Fill in your name, address, and contact information at the top of the form.
03
Specify the deadline for completing the inspection.
04
Outline any specific items or areas to be inspected.
05
Detail how any issues discovered during the inspection will be addressed.
Who needs inspection contingency addendum to?
01
Buyers and sellers involved in a real estate transaction may need an inspection contingency addendum to protect their interests.
02
It is especially important for buyers who want the option to back out of the deal if major issues are discovered during the inspection.
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What is inspection contingency addendum to?
The inspection contingency addendum is typically added to a real estate purchase agreement.
Who is required to file inspection contingency addendum to?
The buyer is usually required to file the inspection contingency addendum.
How to fill out inspection contingency addendum to?
To fill out the inspection contingency addendum, the buyer must provide any information related to inspections done on the property.
What is the purpose of inspection contingency addendum to?
The purpose of the inspection contingency addendum is to protect the buyer by allowing them to back out of the contract if inspection results are unfavorable.
What information must be reported on inspection contingency addendum to?
Information about any inspections conducted, results of the inspections, and any actions taken as a result.
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