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Authentisign ID: 525556B66FC0EE11B6606045BDD68161WRE Form 42
Rev. 01/2020Page 1 of 1NOTICE TO BUYER: SELLERPROCURED INSPECTION REPORT
The following notice is given with respect to the Purchase and
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How to fill out inspection addendum to purchase
How to fill out inspection addendum to purchase
01
Obtain a copy of the inspection addendum to purchase form.
02
Fill in the date of the inspection.
03
Specify the name of the inspector who conducted the inspection.
04
Describe any issues or deficiencies found during the inspection.
05
Note any agreed upon repairs or resolutions between the buyer and seller.
06
Sign and date the form to acknowledge agreement and understanding.
Who needs inspection addendum to purchase?
01
Any party involved in a real estate transaction, such as the buyer, seller, or real estate agent, may need an inspection addendum to purchase.
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What is inspection addendum to purchase?
An inspection addendum to purchase is a document that outlines the terms and conditions under which a buyer can conduct inspections on a property before finalizing a real estate purchase agreement.
Who is required to file inspection addendum to purchase?
Typically, the buyer is required to file the inspection addendum to purchase, as they are the party initiating the inspection process.
How to fill out inspection addendum to purchase?
To fill out the inspection addendum, the buyer must provide details about the property, specify what types of inspections will be conducted, set a timeline for inspections, and outline any contingencies related to the findings.
What is the purpose of inspection addendum to purchase?
The purpose of the inspection addendum is to protect the buyer by allowing them to inspect the property for defects or issues that could affect its value, and to negotiate repairs or price adjustments based on the inspection results.
What information must be reported on inspection addendum to purchase?
The information that must be reported includes the names of parties involved, property address, types of inspections to be conducted, deadlines for inspections, and any specific terms or contingencies related to the inspections.
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