Connecticut Short Sale Addendum 2026

1. Click ‘Get Form’ to open the Connecticut Short Sale Addendum in our editor.
2. Begin by filling in the Buyer and Seller information, including their names and addresses. This establishes the parties involved in the transaction.
3. Next, specify the Property Address where the short sale is taking place. This is crucial for identifying the property in question.
4. In Section 1, review and understand the definition of a short sale. Ensure both parties are aware of what this entails.
5. For Section 2, enter the date by which Seller must obtain short sale approval from all Lienholders. This sets a clear timeline for both parties.
6. Proceed to Section 3 and acknowledge that no Lienholder is obligated to accept a short sale. Both parties should be aware of potential additional terms.
7. In Section 4, note that repairs may not be possible due to Seller's financial constraints. This protects Buyer’s rights under the Agreement.
8. Complete Sections 5 and 6 regarding other offers and foreclosure disclosures, ensuring all necessary information is communicated clearly.
9. Finally, have both Buyer and Seller sign and date at the bottom of the form to finalize it.

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