Knowledebase Tag: Addendum
- Does it matter which party signs the Addendum for Seller’s Disclosure of Information on Lead-Based Paint and Lead-Based Paint Hazards (TAR 1906, TREC OP-L) first?
- If a higher offer from another prospective buyer is received after a short-sale contract has been accepted by the seller but before the lender approves the first contract, should the second offer be accepted by the seller using the backup addendum?
- I noticed that the Texas REALTORS® has a new form about mineral clauses in contracts. Who should sign this form, and should it be attached as an addendum to the contract?
- When is a seller not required to provide the Addendum for Seller’s Disclosure of Information on Lead-Based Paint and Lead-Based Paint Hazards as Required by Federal Law to a buyer?
- Now that both the Farm and Ranch sales contract and the One to Four Family Residential Contract (Resale) sales contract require the TREC Addendum for Reservation of Oil, Gas and Other Minerals if a seller wants to reserve a mineral interest, can I use the One to Four Family Residential Contract (Resale) form for the sale of a 15-acre tract that has a home on it and is located just outside of town?
- Can a broker modify the Addendum for Sale of Other Property by Buyer when a buyer wants to make the contract contingent on some other event, such as a transfer or receiving probate proceeds?
