Addendum for coastal area property 2026

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  1. Click ‘Get Form’ to open the addendum for coastal area property in the editor.
  2. Begin by entering the address of the property in the designated field. This is crucial as it identifies the specific location subject to this addendum.
  3. In section one, review and acknowledge that the property adjoins tidally influenced submerged lands. Ensure you understand that boundaries may change and consider consulting a licensed surveyor for accuracy.
  4. For section two, if applicable, provide any known information regarding prior fill on the property. If there is no knowledge, leave it blank.
  5. Section three outlines legal restrictions; read carefully to understand state laws regarding construction on submerged lands. This ensures compliance with local regulations.
  6. In section four, consider seeking legal advice regarding the implications of this notice on your property rights. It’s advisable to consult an attorney for clarity.
  7. Finally, ensure all parties involved (buyers and sellers) sign where indicated at the bottom of the form to validate the agreement.

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A real estate addendum modifies an original lease or purchase agreement. Items in the addendum could reflect a change in the agreed-upon price, what is included in the transfer of property, what improvements must be made before the home is paid for, or any other agreed-upon requests or responsibilities.
Buyers should consider factors such as flood risk, insurance coverage, maintenance costs, coastal regulations, and resale value before signing the Addendum for Property Located Seaward of the Gulf Intracoastal Waterway. These considerations help ensure a well-informed investment decision.
The three-fold purpose is to facilitate navigation, provide flood relief, and prevent possible saltwater intrusion into the Mermentau River Basin.
The Addendum for Property Subject to Mandatory Membership in a Property Owners Association should be attached to the contract when the property is part of a homeowners association (HOA). This ensures the buyer is informed of any obligations and fees associated with the membership.
The Addendum for Property Located Seaward of the Gulf Intracoastal Waterway form includes the required statutory notices. Even if the property is sold without a contract, the seller must still provide the statutory notice to the buyer at least 10 calendar days prior to the sale closing.

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