Get Community Development District Addendum

The Community Development District Addendum is an important document that outlines the responsibilities of the buyer and seller regarding taxes and assessments for properties within a community development district. This guide will provide you with clear, step-by-step instructions for accurately filling out the addendum online.

Follow the steps to complete the addendum online.

1. Press the ‘Get Form’ button to access the Community Development District Addendum and open the form in your preferred editor.
2. In the first section, fill in the name of the seller by typing the seller's full name in the designated field. Ensure that the spelling is correct and complete.
3. In the next field, enter the name of the buyer. Similar to the seller's name, this should be accurate and full to avoid any issues.
4. Specify the property address in the space provided. Include the complete address to ensure clarity regarding the property in question.
5. Identify the Community Development District by entering its name in the designated area. This name should correspond with the official designation of the district.
6. Next, indicate the current taxes and assessments. Enter the dollar amount for each type of assessment along with the frequency of the payment (e.g., annually, semi-annually) in the specified fields.
7. Clearly state who is responsible for the assessments. Note that all assessments are the buyer's responsibility, whereas the seller will cover any outstanding annual assessments from prior years.
8. Finalize the document by signing and dating the addendum in the designated fields for both the seller and the buyer.
9. Once completed, save your changes and then download or print the addendum for your records. You may also choose to share the document as necessary.

Take the next step towards a successful property transaction by completing the Community Development District Addendum online.