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R before . Seller may keep the Property on the market and accept secondary offers after binding acceptance of this Offer. CAUTION: This Offer may be withdrawn prior to delivery of the accepted Offer. OPTIONAL PROVISIONS TERMS OF THIS OFFER THAT ARE PRECEDED BY AN OPEN BOX ( ) ARE PART OF THIS OFFER ONLY IF THE BOX IS MARKED SUCH AS WITH AN X. THEY ARE NOT PART OF THIS OFFER IF MARKED N/A OR ARE LEFT BLANK. DELIVERY OF.

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CAUTION: Use a WB-41 Notice if a Party is giving a Notice which does not require the other Party's agreement. Use a WB-40 Amendment if both Parties will be agreeing to modify the terms of the Offer.

What new feature was added to the appraisal contingency in the WB 11 residential offer to purchase? The appraisal contingency on page 6 of the updated offer includes a right-to-cure option for the seller.

WB-40 Amendment to Offer to Purchase is used when both parties will agree to modify the terms of the offer to purchase.

The kick-out clause is a contingency added by sellers to provide a measure of protection against a house sale contingency. While the seller agrees to a house sale contingency, he or she can add a kick-out clause stating that the seller can continue to market the property.

The Loan Commitment section of the WB-11 Residential Offer to Purchase provides:buyer agrees to deliver to a seller a written loan commitment for a loan that is acceptable to a buyer.

The Financing Unavailability section of the WB-11 Residential Offer to Purchase provides: if a buyer cannot get financing, a seller has 10 days to give written notice to the buyer of the seller's decision to finance the transaction.

Therefore, an appraisal contingency means that if your home doesn't appraise for the amount you've agreed to pay, you can walk away from the deal with your deposit. An appraisal determines the fair market value of the home you'd like to buy.

What is an appraisal contingency addendum? An addendum is a separate form that, once signed by the buyer and seller, becomes part of the sales contract. Appraisal contingency addendums are state-specific and allow buyers to move forward with their purchase under certain agreed-upon conditions.

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© Copyright 1997-2025
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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
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
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 workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
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