Seller in possession addendum 2026

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  1. Click ‘Get Form’ to open the seller in possession addendum in the editor.
  2. Begin by filling in the names of the Purchaser and Seller at the top of the form, along with the property details including street address, city, zip code, subdivision, tax map number, and legal lot number.
  3. In the OCCUPANCY section, specify the date range during which the Seller will retain possession of the property. Ensure accuracy to avoid any misunderstandings.
  4. Next, enter the per diem fee that the Seller agrees to pay starting from the day after closing until the final possession date. This amount should be clearly stated for transparency.
  5. In MAINTENANCE, outline any specific rules of occupancy that must be followed by the Seller. This ensures clarity on responsibilities regarding property upkeep.
  6. Complete sections on UTILITIES and PROPERTY INSURANCE by detailing which utilities will remain under Seller's responsibility and confirming insurance coverage for personal property.
  7. Finally, ensure all parties sign and date at the bottom of the form to validate this agreement. Review all entries for accuracy before submission.

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