Kentucky addendum 2025

1. Click ‘Get Form’ to open the Kentucky Short Sale Addendum in the editor.
2. In the first section, 'The Parties', fill in the date of the Purchase Agreement, along with the names of the Seller and Buyer, and the property address.
3. Next, move to 'Short Sale Consent'. Indicate how many days the Seller has to obtain written consent from their creditor(s) by filling in the blank provided.
4. In 'Termination of Agreement', review your rights as a Buyer. Ensure you understand under what conditions you can terminate the agreement.
5. Proceed to 'Terms of Agreement' and confirm that all time periods will start from when you receive written consent from creditor(s).
6. In 'Marketing the Property', acknowledge that Seller can continue marketing and accepting other offers. This section may not require any input but is important for your understanding.
7. Finally, complete the 'Closing Date' section by either confirming it as stated in the Agreement or filling in a number of days after receiving consent.
8. Sign and date where indicated for both Buyer and Seller at the bottom of the form.

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