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NEW HOME SALES ADDENDUM This form may be used in conjunction with the Residential Sales Contract for residential real property to be constructed, currently under construction, or newly completed.
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A new home sales addendum is a legal document that provides additional information and terms regarding the sale of a new home, which is typically attached to the main sales contract.
Home builders, developers, and sellers of newly constructed homes are typically required to file the new home sales addendum.
To fill out a new home sales addendum, provide key details such as the property's address, the seller's and buyer's information, the sales price, and any specific terms or conditions related to the sale.
The purpose of the new home sales addendum is to ensure that both parties have a clear understanding of the terms of the sale and to comply with local regulations regarding home sales.
Information that must be reported includes the sale price, property description, buyer and seller details, and any contingencies or special provisions associated with the sale.
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