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Addendum - Anne Arundel CountyRequired 4 - mdrealtororg

Addendum - Anne Arundel CountyRequired 4 - mdrealtororg 2025

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The document is an addendum required by the Anne Arundel County Association of REALTORS® for real estate transactions involving single-family residential properties. It includes essential notices for buyers regarding land-use plans, waterfront property rights, airport noise zones, homeowners insurance implications, radium levels in well water, and special tax assessments. The addendum emphasizes the importance of consulting county agencies for detailed information and outlines buyer responsibilities related to various assessments and potential risks associated with the property.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the Buyer(s) name and the Property details, including the legal description, lot/parcel/unit number, and subdivision information.
Review the REQUIRED NOTICE section carefully. Ensure you understand the implications of land-use plans and consult appropriate county resources if needed.
Fill out any applicable notices regarding waterfront property, airport noise, and homeowners insurance. Be sure to provide accurate information based on your situation.
If both Buyer(s) and Seller(s) are initialing specific paragraphs, ensure that all required fields are completed accurately for Capital Facilities Assessment and other notices.
Finally, have all parties sign and date the document where indicated to finalize the addendum.

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What is a real estate addendum?

Closing Cost Addendum: In this addendum the buyer requests the seller to contribute financially towards the closing costs. Repair Addendum: This is when the seller agrees to make specific repairs before the closing date.

What is a realtor addendum?

In real estate, an addendum is an addition or supplement made to a contract that modifies, clarifies, or adds specific terms or conditions. An addendum should not be confused with an amendment, which modifies a contract that has already been executed.

Who is required to complete the Maryland Residential Property Disclosure Disclaimer Statement?

The relevant portion of the real property section of Marylands Code, Md. Code 10-702, requires sellers of residential real estate to complete a formknown as the Residential Property Disclosure and Disclaimer Statementsetting forth conditions and defects with the property.

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