What does addendums mean in real estate transactions?

January 08, 2008

Posted by TonyLiu

( 0 ratings )

Something added, as an attachment to a Contract. Commonly added addenda in real estate purchase agreements describe financing terms and property Inspection requirements.

or
Same as Rider.
Example: An addendum to the Contract of Sale described the type of Financing that the buyer must secure to be required to purchase the property.
Example: Commonly added addenda in real estate purchase agreements are for financing terms and property Inspection requirements.

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