Addendums
This addendum is used for things like changing the closing date or agreeing on terms after a home inspection.
What is a Change in terms addendum or a CTA?
The closing is in 3 days and the client says. "How much do I have to bring to closing?"
Who is the title company?
As per the agreement of sale ____ days is the amount of time for the first negation time period for the inspection contingency.
What is 10?
What is the agreement of Sale?
Inspections, Mortgages, & Home Sale are types of these.
What are contingencies?
This addendum is used if there is a renter in the property.
What is the TOP or Tenant-Occupied Property Addendum?
You are about to write up an offer and the client would like to know how much money they will need for closing.
Who is the lender?
This inspection contingency searches for mold & environmental hazards along with many others.
What is the Home/Property Inspection?
BAC
What is the Buyer Agency Contract?
This page is where I can add any additional terms to the contract that are not prewritten in.
What is page 14?
What is the ACA or the Appraisal Contingency Addendum?
You have just listed a property that is a townhouse with a monthly fee. For marketing you need to know what is included in that fee.
Who is the HOA?
This inspection is preformed if the buyer would like the septic tank inspected.
What is the on-lot sewage inspection?
RES
What is the West Penn Multi List Residential Input form?
The four parties you would need to talk to, to determine a closing date.
Who are the buyer, seller, lender, and title company?
What is the ASA or the Addendum/Endorsement to Agreement of Sale?
Your client has stated that they are concerned with how things have been going and want to know how you are going to help them.
Who are Darian & Michael?
This inspection is elected if the buyer would like to have a survey completed.
What is Property Boundaries?
TERAREL
What is the Notice of Termination of Agreement of sale & the Agreement of Sale Release & Distribution of Deposit Money aka The Termination & Release?
This paragraph goes over when written acceptance of all parties have signed on or before.
What is Paragraph 5 or Dates/Time is of the Essence?
What is the Pre-Settlement Possession Addendum or the PRE?
This is who you call is the Stay-PufT Marshmallow Man appears.
Who is the Ghostbusters?
If the agreement of sale has no changes to the time frame for inspections, this is the total amount of days for all three time frames included in the inspection contingency.
What is 17 Days?
MOS
What is the multiple offer summary worksheet?
According to this paragraph the seller must keep the property, appliances, fixtures, grounds and structures, in its current condition throughout the transaction.
What is Paragraph 18 or the Maintenance & Risk of Loss paragraph?