Inspection Contingency Addendum

Type of Property

Type of Property CommercialResidential

Property Address

Street Address

Address Line 2

City

State

ZIP Code

Purchase Agreement Date

The Date of the Purchase Agreement signed between the Buyer and Seller.

Purchase Agreement Date

Required Inspections

What will be required to be Inspected? (check all that apply)

What will be required to be Inspected? (check all that apply) Air Conditioner(s) (or systems)Basement(s)CeilingsFloorsElectrical SystemsFoundationsGeneral Home InspectionHeating System(s)HVAC System(s)Plumbing SystemsRoof(s)Walls (Interior and Exterior)Other

Write

Inspection Completion Date

When must ALL inspections be completed by?

Marketing the Property

Is the Seller allowed to keep marketing the Property during the Inspection Period?

Is the Seller allowed to keep marketing the Property during the Inspection Period? YesNo

The Seller

What is the Seller?

What is the Seller? a Business EntityIndividual(s)

How many Individuals?

Business Entity's Name

Individual(s) Name(s)

The Buyer

What is the Buyer?

What is the Buyer? a Business EntityIndividual(s)

How many Individuals?

Business Entity's Name

Individual(s) Name(s)

Responsibility

Inspection(s) will be paid by the

Inspection(s) will be paid by the BuyerSellerBuyer and Seller (equally)

Negotiation Period

If Defects are found in the Property, when must the Buyer and Seller be required to resolve the issues?

Addendum Date

Date of this Addendum

Addendum Date

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