22vv 2025

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The document is a Homeowner Insurance Addendum to a Purchase and Sale Agreement, outlining the conditions under which the Buyer must obtain homeowners insurance. It details factors affecting insurance availability and costs, establishes a contingency for obtaining a binder for insurance within specified timeframes, and stipulates terms regarding premiums and deductibles. If the Buyer fails to secure insurance or notify inability to do so within the set periods, the agreement may be terminated with a refund of Earnest Money.

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