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  • Virginia Realtors Form 600d Home Inspection Contingency Addendum - 2019-01 Redline

Get Virginia Realtors Form 600d Home Inspection Contingency Addendum - 2019-01 Redline

VIRGINIA REALTORS HOME INSPECTION CONTINGENCY ADDENDUM This Addendum is made on between and purchase and sale of Property:1.to a Sales Contract (Contract) dated (Purchaser) (Seller) for theHOME INSPECTION A.Inspection.

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How to fill out the Virginia REALTORS Form 600D Home Inspection Contingency Addendum - 2019-01 Redline online

This guide provides clear, step-by-step instructions on completing the Virginia REALTORS Form 600D Home Inspection Contingency Addendum. Designed for users of all experience levels, this resource will help you navigate the form efficiently and effectively.

Follow the steps to complete the addendum accurately

  1. Click ‘Get Form’ button to obtain the form and open it in your preferred editing tool.
  2. Begin by filling in the date the addendum is made at the top of the form. Make sure to provide the date clearly, as it establishes the timeline for the Home Inspection Contingency.
  3. In the next section, specify the names of the Purchaser and Seller. Use full legal names to avoid any ambiguity.
  4. Fill in the property details relevant to the purchase and sale, ensuring all information is accurate and matches the sales contract.
  5. Indicate the Home Inspection Period by entering the number of days in the designated field. This sets the timeframe within which the inspection must be completed.
  6. In the section regarding the inspection specifics, note any aspects you wish to be particularly examined, such as structural integrity, HVAC, plumbing, and other systems.
  7. Should you require further inspections based on findings, indicate that on the form, allowing the Home Inspection Deadline to be extended as necessary. Ensure to comply with the specified timeframes.
  8. In case any deficiencies are discovered during the inspection, prepare a written addendum, listing these deficiencies alongside proposed remedies as stipulated in the addendum.
  9. Fill in the Negotiation Period with the number of days allowed for negotiation post-delivery of the Removal Addendum.
  10. If an agreement cannot be reached, complete the Purchaser’s Election section by indicating the number of days within which the Purchaser will notify the Seller if they choose to terminate the Contract.
  11. Complete the Earnest Money Deposit section by indicating whether the deposit will be returned to the Purchaser or Seller upon contract termination.
  12. Finally, ensure that all signatories print and sign their names clearly along with providing the respective dates to validate the form.
  13. Once all sections are completed, review the form for accuracy, then save changes, download, print, or share the completed document as needed.

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A home sale contingency gives the buyer a specified amount of time to sell and settle their existing home in order to finance the new one. This type of contingency protects buyers because if an existing home doesn't sell for at least the asking price, the buyer can back out of the contract without legal consequences.

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. An experienced Milwaukee home inspector knows what to look for and can uncover issues that may not be obvious to the untrained eye.

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.

For example, the contingency clause might say if it's determined there are more than $1000 in defects discovered during the inspection, the buyer can terminate.

An inspection contingency requires a professional home inspection within a certain time frame before a real estate contract can become binding. It ensures that the buyer receives vital information and allows them to negotiate repairs, sale price, or even walk away with their earnest money altogether.

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Get Virginia REALTORS Form 600D Home Inspection Contingency Addendum - 2019-01 Redline
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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