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Get Buyer Contingency Addendum Arizona
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How to fill out the Buyer Contingency Addendum Arizona online
The Buyer Contingency Addendum Arizona is a crucial document designed to provide flexibility for buyers and sellers in real estate transactions. This guide offers a clear, step-by-step approach to filling out the addendum online, ensuring that users, regardless of their legal background, can navigate the process effectively.
Follow the steps to fill out the Buyer Contingency Addendum Arizona online.
- Press the ‘Get Form’ button to access the Buyer Contingency Addendum and open it in your chosen editor.
- Begin by entering the buyer's information, including their full name and contact details, ensuring accuracy to avoid any future complications.
- Provide the property address of the buyer's existing home that is contingent upon the sale for purchasing this new property. This is a critical requirement in the form.
- Select the appropriate contingency scenario: either the acceptance of an offer on the buyer’s property or the closing of that property. Clearly indicate your choice in the designated area of the form.
- Fill out the agreed upon date for the closing of the buyer’s property if the first option is chosen. This date must be clearly defined to comply with the terms.
- In the event of cancellation of the accepted offer, ensure to note that the buyer needs to notify the seller of the cancellation within three days, as per the addendum's requirements.
- Once all fields are filled out, review the document for accuracy and completeness before proceeding to save your changes, download, print, or share the form.
Take action now by completing your Buyer Contingency Addendum online to streamline your real estate transactions.
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.”
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