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?

1 minuteread
  • Home
  • /
  • Knowledgebase
  • /
  • Contracts and Forms
  • /
  • 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?

No. The addendum is drafted for a specific purpose, the sale of another property. Using the addendum for another purpose requires that it be modified by a lawyer. A broker who makes such modifications is likely engaging in the unauthorized practice of law.

Source: TAR

0
0
112
Print
Share
  • Facebook
  • Twitter
  • Linkedin
1 minuteread
X
Welcome to Realty Nation
wpChatIcon
Scroll to Top