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Page 1 of 1 Copyright 2010 by Mississippi Association of REALTORS F7 - Home Inspection Addendum MAR P. 1 This Addendum is attached to and made part of the Contract dated between Seller s and Buyer s for the 4 Property located at Property 6 Address or Description per Contract 7 Insofar as parties intend for suitable inspection s of the Property to be a contingency for performance of the Contract the following 8 provisions apply Buyer s shall at it.

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How to fill out the Tennessee Inspection Addendum Form online

The Tennessee Inspection Addendum Form is an important document in real estate transactions, allowing parties to detail conditions related to property inspections. This guide will provide clear, step-by-step instructions on filling out this form online to ensure a smooth process.

Follow the steps to complete the Tennessee Inspection Addendum Form online.

  1. Press the ‘Get Form’ button to acquire the Tennessee Inspection Addendum Form and open it in your online editor.
  2. Begin by filling in the details of the parties involved. In the designated fields, enter the names of the Seller(s) and Buyer(s), as well as the effective date of the Contract.
  3. Specify the property address. Input the location of the property to ensure clarity in the contract.
  4. Outline the terms for the home inspection. Detail the number of calendar days the Buyer(s) have to arrange the inspection and emphasize the requirement for a licensed Mississippi home inspector.
  5. Include access provisions for the Seller. Detail the conditions under which access will be granted for inspections, ensuring to cover utility accessibility.
  6. Address any deficiencies identified in the home inspection report. Write down how the Buyer(s) will notify the Seller(s) about any undisclosed deficiencies and establish response timelines.
  7. Finalize the form by providing spaces for signatures and dates from both Seller(s) and Buyer(s) to confirm agreement to the terms.
  8. Once you have filled out the form completely, you can save your changes, download, print, or share the completed Tennessee Inspection Addendum Form.

Complete your documents online today for a hassle-free real estate transaction.

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In some states, buyers can just wait for the deadline to pass without them canceling the sale, and it will be assumed that they've removed or waived that contingency. Other states require more active steps, most often buyers having to remove the contingency in writing using a standard form.

xx's obligation to close this transaction is contingent upon Real Estate appraising at or above final 90 sales price of the Real Estate. xx has the right to obtain, at xx's expense, an independent appraisal performed by an appraiser licensed in Ohio.

An inspection contingency clause states something like, “Buyer's obligation to purchase is contingent upon Buyer's inspection and approval of the condition of the property.” Another variation states that the Buyer may hire a home inspector to inspect the property and that the Seller must fix any issues found by the ...

An inspection contingency allows the homeowner a specific number of days (typically 7 – 10), to respond with any objections to what's found in the inspection. This ensures the buyer is able to collect enough information to make an informed purchase decision.

Contingencies can include details such as the time frame (for example, “the buyer has 14 days to inspect the property”) and specific terms (such as, “the buyer has 21 days to secure a 30-year conventional loan for 80% of the purchase price at an interest rate no higher than 4.5%”).

Filling Out the Inspection Contingency Addendum Template Indicate the parties. Write down all the information from the buyer and seller. ... Indicate the property. Write down the date of the original purchase agreement and the address of the property that is being sold. Indicate the inspection closing date. ... Signatures.

The biggest reason to make your offer contingent on a professional home inspection is because it can help you avoid purchasing a home with hidden, expensive, and dangerous problems.

A contingency clause should clearly outline what the condition is, how the condition is to be fulfilled, and which party is responsible for fulfilling it. The clause should also provide a timeframe and what happens if the condition is not met.

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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