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Get Change Order Addendum Addendum No. To New Construction Repc - Utahrealtors
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How to fill out the CHANGE ORDER ADDENDUM ADDENDUM NO. TO NEW CONSTRUCTION REPC - Utahrealtors online
This guide provides a clear and comprehensive overview of how to effectively complete the Change Order Addendum for new construction in Utah. Follow these detailed instructions to ensure that each section of the form is filled out accurately and completely.
Follow the steps to successfully complete the form.
- Press the ‘Get Form’ button to obtain the document and open it for editing.
- In the section labeled 'Addendum No.', enter the unique identifier for this addendum. This number helps track the specific change order you are documenting.
- Fill in the Offer Reference Date, which is the date the original New Construction Residential Purchase Contract was made.
- Identify the Buyer and Seller by entering their names in the appropriate fields. Also, specify the property address for clarity.
- In the 'Changes to the Plans & Specifications' section, clearly outline any alterations, additions, or deletions to the original plans or specifications. Provide a detailed description of each change.
- State the current purchase price of the property based on the reference of either the addendum number or the original REPC.
- Detail the adjustment in purchase price for the changes made. List the total adjustment and calculate the new purchase price accordingly.
- In the payment section, indicate how and when the additional amounts will be paid by checking the appropriate box and filling out the required information.
- Update the contract deadlines as necessary. Check the applicable boxes and provide the new substantial completion deadline or any other relevant dates.
- Acknowledge that the changes may impact the appraised value and financing terms in the section regarding appraised value and available financing.
- Sign and date the document in the designated spaces for both Buyer and Seller to finalize the agreement.
- Once all fields are accurately completed, save the changes, and download, print, or share the finalized form as necessary.
Complete your documents online to ensure a smooth transaction.
A change order is simply an addendum or amendment to the original construction contract and scope of work and can be initiated by the owner or the contractor.
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