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  • Home Inspection Addendum Form

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HOME INSPECTION ADDENDUM FORM This Addendum is attached to and made a part of the Purchase Agreement by and between (Seller(s)) and (Buyer(s)), for the Property located at: (Address) It is understood.

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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.

  1. Click ‘Get Form’ button to obtain the form and open it in your online editor.
  2. 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.
  3. Input the property address in the designated field. Be sure to check for typos to avoid any future complications.
  4. 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.
  5. Fill in the timeline for the inspection. Specify the business days allowed after acceptance of the Purchase Agreement for the inspection to be completed.
  6. 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.
  7. 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.
  8. Sign and date the form where it indicates 'Agreed to this the day of,' ensuring all parties involved complete their sections.
  9. 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.

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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.

An addendum is an addition to a finished document, such as a contract. The most common addendum is an attachment or exhibit at the end of such a document. For example, a contract to manufacture widgets may have an addendum listing the specifications for said widgets.

The document will include any additional information or requests that the buyer did not put into the original purchase and sale agreement.

An addendum is used to clarify and add things that were not initially part of the original contract or agreement. Think of addendums as additions to the original agreement (for example, adding a deadline where none existed in the original version).

A contingency clause often states that your offer to buy property is contingent upon X,Y, & Z. For example, the contingency clause may state, “The buyer's obligation to purchase the real property is contingent upon the property appraising for a price at or above the contract purchase price.”

Common addendums include contingencies such as home inspections or the sale of the buyer's house, as well as including certain items, like furniture. Addendums are created before both parties sign a contract; amendments are made after the parties have signed a contract and a change must be made.

A real estate addendum modifies an original lease or purchase agreement. Items in the addendum could reflect a change in the agreed-upon price, what is included in the transfer of property, what improvements must be made before the home is paid for, or any other agreed-upon requests or responsibilities.

Homebuyers saved an average of $14,000 on the final price of their home when they negotiated after the inspection, ing to a survey from real estate technology company Porch. So, if a home inspection report comes back less than satisfactory, it's in your best interest to negotiate.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232