Get Form 35e. Escalation Addendum

Filling out the Form 35E, known as the Escalation Addendum, is an essential step in negotiating your purchase and sale agreement. This guide will walk you through each section of the form to ensure it is completed correctly and effectively.

Follow the steps to complete the Form 35E online.

1. Click the ‘Get Form’ button to obtain the form and open it in your editor.
2. Provide the date of the Purchase and Sale Agreement in the designated field. Make sure to use the date format specified in the document.
3. In the Buyer section, fill in the name(s) of the buyer(s) accurately, ensuring spelling and details match official documents.
4. In the Seller section, enter the name(s) of the seller(s) similarly, maintaining consistency with official identification.
5. Specify the address, city, state, and zip code of the property in question. Double-check for any typographical errors.
6. Indicate your purchase price. In the field marked, 'Increased to $', write the amount that exceeds the net price of any competing offer.
7. Set the upper limit of your purchase price in the corresponding field to prevent exceeding your budget.
8. Define what constitutes a Competing Offer by outlining necessary requirements, including payment conditions and contingencies.
9. Complete the Seller’s Acceptance section, taking note that this will not be effective without a complete copy of any Competing Offer.
10. Use the New Purchase Price Worksheet to calculate the new offer price based on competing offers. Fill in the relevant fields based on your calculations.
11. Once you have reviewed all sections for accuracy, you may save your changes, and proceed to download, print, or share the completed form.

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