Addendum for coastal area property: Fill out & sign online

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Click ‘Get Form’ to open the addendum for coastal area property in the editor.
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.
Review the notice regarding coastal area property. Pay special attention to the information about boundary changes and potential impacts on ownership, as this section outlines important legal considerations.
In section two, indicate any prior fill knowledge related to the property. If there is none, simply leave it blank or state 'None'.
Acknowledge state law restrictions by reading through section three carefully. Ensure you understand that construction on submerged lands requires proper permissions.
Finally, both buyer and seller should sign in their respective fields at the bottom of the form to validate the agreement.

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What is the property description addendum?

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.

What is an example of an addendum?

A contract addendum is a post-contract attachment that modifies, alters, or changes some of the terms of a previously established contract. Typically, this adds something new to a preexisting document. Once all parties in a contract agree to an addendum, it becomes a part of the new contract.

What does addendum mean in real estate?

To avoid any uncertainty, and the possibility of a later dispute, we strongly encourage agents to make sure that all addenda attached to a contract are signed by all parties.