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Name: Fillable Online New Home Addendum (for Use With Gcaar Sales Contract and Mr Residential Contract of Sale) Fax Email Print - pdfFiller
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This addendum outlines amendments to the Contract of Sale, detailing the rights and responsibilities of the Seller and Buyer in relation to the purchase of a newly constructed home. It covers provisions related to resale, construction timelines, buyer acknowledgments, deposits, warranties, and disclosures pertinent to the property located at 4811 Leland Street, Chevy Chase, MD.

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How to fill out new home addendum

01

Review the addendum form and ensure you have the correct version.

02

Fill in the property address at the top of the addendum.

03

Provide the names of all parties involved in the transaction.

04

Specify the terms and conditions that are unique to the new home sale.

05

Include any contingencies related to inspections, financing, or repairs.

06

Clearly outline any deadlines associated with the additional terms.

07

Consult with a real estate agent or attorney if needed for clarification.

08

Sign and date the addendum before submitting it with your purchase agreement.

Who needs new home addendum?

01

Homebuyers purchasing a newly built home.

02

Real estate agents representing buyers of new construction.

03

Developers and builders who need to clarify buyer obligations.

04

Investors interested in new property purchases.

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What is new home addendum?

A new home addendum is a legal document that outlines additional terms or conditions related to the purchase of a newly constructed home. It is used to amend the original purchase agreement.

Who is required to file new home addendum?

The new home addendum must be filed by the buyer or the seller involved in the transaction of the newly constructed home.

How to fill out new home addendum?

To fill out a new home addendum, provide relevant information such as property details, buyer and seller information, special provisions, and any amendments to the purchase agreement.

What is the purpose of new home addendum?

The purpose of the new home addendum is to clarify specific terms and conditions of the sale, ensure compliance with local regulations, and protect the interests of both the buyer and seller.

What information must be reported on new home addendum?

The information that must be reported on a new home addendum includes the property address, buyer and seller names, agreement changes, and any relevant disclosures related to the home.

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