Get New Construction Addendum

Filling out the New Construction Addendum online can seem daunting, but this guide will help you navigate each section with ease. This form is essential for transactions involving a completed construction dwelling, ensuring clarity and compliance between the buyer and seller.

Follow the steps to fill out the New Construction Addendum effectively.

1. Press the ‘Get Form’ button to obtain the New Construction Addendum and open it in your preferred online editor.
2. Begin by entering the property address in the designated field, clearly identifying the location of the new construction.
3. Fill in the seller's information, including their full name and contact details. Make sure this reflects the legal name of the entity if applicable.
4. Next, input the buyer's information in the respective fields. Ensure that all parties involved are accurately identified.
5. Indicate whether the general contractor is the seller or provide the contractor’s name in the appropriate section.
6. Input the North Carolina contractor’s license number, classification, and limit to confirm that the contractor is licensed.
7. Describe any additional improvements that will be made to the property by the seller. If none are planned, you may enter 'N/A'.
8. Review the section regarding completion of additional improvements. Understand the timeline for completion and the conditions under which it may be extended.
9. Fill in the purchase price and building deposit details as specified in the relevant paragraph, ensuring accuracy in monetary values.
10. Review the warranties section. If applicable, select whether the limited warranty applies or if it is replaced by another warranty.
11. Lastly, indicate acknowledgment of the building deposit and gather signatures from both the buyer and seller at the end of the form wherever necessary.
12. Once completed, save changes to the document, and choose to download, print, or share the form as per your requirements.

Complete your New Construction Addendum online today for a seamless transaction experience.