Vermont Short Sale Addendum to Purchase Agreement 2025

1. Click ‘Get Form’ to open the Vermont Short Sale Addendum in our editor.
2. Begin by filling in the date of the Purchase Agreement and the names of both the Seller and Buyer in Section I. Ensure accuracy as this establishes the parties involved.
3. In Section II, indicate the number of days allowed for the Seller to obtain written consent from their creditor(s). This is crucial for proceeding with the sale.
4. Review Section III carefully. Here, you can note any conditions under which the Buyer may terminate the Agreement. Make sure to understand these terms.
5. In Section IV, confirm that all deadlines will commence upon receipt of creditor consent. This ensures clarity on timelines.
6. Section V allows the Seller to market the property while awaiting consent. Note any additional offers that may arise during this period.
7. Finally, complete Section VI by specifying either the Closing Date mentioned in the Agreement or a new date based on creditor consent notification.
8. Ensure all parties sign and date at the bottom of the form before finalizing it.

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