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BACKUP CONTRACT 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
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How to fill out back up contract addendum

01
Review the original contract to understand the terms and conditions that need to be updated or added.
02
Create a new document that outlines the changes or additions to the original contract.
03
Clearly label the document as a 'Back Up Contract Addendum' to avoid any confusion.
04
Include the date and both parties' names at the beginning of the addendum.
05
Clearly explain each amendment or addition in detail, ensuring both parties understand the changes.
06
Have both parties sign and date the addendum to make it legally binding.
07
Keep a copy of the signed addendum with the original contract for easy reference.

Who needs back up contract addendum?

01
Anyone involved in a legal contract that wishes to make changes or additions to the original terms may need a back up contract addendum.
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Back up contract addendum is a supplementary document that is added to a contract to serve as a contingency plan in case the original contract falls through.
The parties involved in a contract may be required to file a back up contract addendum, depending on the terms and conditions outlined in the original contract.
To fill out a back up contract addendum, you need to clearly outline the contingency plan in case the original contract is invalidated, as well as the necessary steps to be taken in such a situation.
The purpose of a back up contract addendum is to provide a safety net in case the original contract is not fulfilled, ensuring that all parties involved have a plan in place.
The back up contract addendum should include details of the contingency plan, any additional terms or conditions, and the signatures of all parties involved.
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2020 ohio purchasers notifies purchaser terminates whereupon realtors ambiguity addendum commencement contemplated herein pursuant copyright waived integral respective contingent expressly govern conjunction termination deemed contingency earnest accordan

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