Get Foreclosure Addendum Lease Agreement Form - Carole Gauler

Filling out the Foreclosure Addendum Lease Agreement Form is an essential step for tenants and owners involved in properties facing foreclosure. This guide provides you with clear, step-by-step instructions to effectively complete this form online, ensuring that you fulfill all necessary requirements and understand the process.

Follow the steps to complete the form accurately.

1. Click the ‘Get Form’ button to access the Foreclosure Addendum Lease Agreement Form and open it in your preferred editing tool.
2. Identify the date of the original Residential Lease Agreement that this addendum refers to and enter it in the specified field.
3. Provide the names of the parties involved — both the 'Owner' and the 'Tenant' — as well as any relevant broker information in the designated sections.
4. Fill in the property address where the lease agreement is applicable, ensuring to include the complete details.
5. Read through the Notice of Default/Foreclosure section and acknowledge the conditions under which the broker will notify tenants regarding defaults.
6. In the Terms of Lease Agreement section, confirm that you understand the responsibilities during the foreclosure period, including timely rent payments.
7. Note the conditions regarding the return of security deposits once tenants vacate the property, including the timeline and requirements for return.
8. Ensure all involved parties review the document, sign where indicated, and include the date of signing at the end of the form.
9. Lastly, save your changes. You may choose to download the completed form, print it, or share it as needed.

Complete your documents online today and ensure your legal agreements are in order.