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How to fill out the HOME INSPECTION ADDENDUM FORM online
The Home Inspection Addendum Form is an essential document that outlines the terms related to a property inspection during the purchasing process. This guide will help you understand how to effectively fill out the form online, ensuring that you provide all necessary information accurately.
Follow the steps to complete the form online.
- Click ‘Get Form’ button to obtain the form and open it in your online editor.
- Identify the sections of the form. You will need to fill in the names of the Seller(s) and Buyer(s) where indicated. Ensure that you have accurate names as they will appear on the Purchase Agreement.
- Input the property address in the designated field. Be sure to check for typos to avoid any future complications.
- Understand the contingencies outlined in the form. Note that the Purchase Agreement is contingent upon the Buyer's approval of a home inspection completed by a licensed inspector.
- Fill in the timeline for the inspection. Specify the business days allowed after acceptance of the Purchase Agreement for the inspection to be completed.
- If there are any deficiencies identified during the home inspection, you must indicate this by preparing a list. Remember, a copy of the inspection report must be provided to the Seller and the Listing Firm.
- If you intend to cancel the Purchase Agreement based on the inspection report, make sure to follow the outlined process which includes notifying the relevant parties.
- Sign and date the form where it indicates 'Agreed to this the day of,' ensuring all parties involved complete their sections.
- Finally, save your changes. You can download, print, or share the form as needed.
Complete your documents online today to ensure a smooth real estate transaction.
What Is an Addendum? In real estate, a contract addendum is an attachment to the original agreement that details additional terms that were not outlined in the original contract. These terms typically include things like contingencies, financing details, and disclosures about the state of the home.
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