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Central Illinois Board of Realtors Reviewed and Revised August 2019Form # CBR 310RESIDENTIAL INSPECTION ADDENDUM to Real Estate Purchase Contract (NOT TO BE USED WITH BASIS CONDITION ADDENDUM) (For
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Carefully review the residential inspection addendum form
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Fill out all necessary fields with accurate information
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Sign and date the addendum to confirm agreement

Who needs residential inspection addendum?

01
Homebuyers who want to include specific conditions related to the inspection of a residential property
02
Sellers who are willing to disclose any known issues or defects with the property
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A residential inspection addendum is a document that outlines the findings from a home inspection and any necessary repairs or concerns that need to be addressed before a real estate transaction can proceed.
The seller or the buyer of a property involved in a real estate transaction is typically required to file a residential inspection addendum, often as part of the sales contract.
To fill out a residential inspection addendum, include the inspection date, details of identified issues, the recommended repairs or actions, and any deadlines for those repairs, along with signatures from involved parties.
The purpose of a residential inspection addendum is to formally document any issues with the property identified in the home inspection and to outline necessary repairs or conditions that may affect the sale.
The addendum must report findings from the inspection, including defects, safety concerns, repair recommendations, and any terms agreed upon regarding the handling of these issues.
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