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Click ‘Get Form’ to open the WALK-THROUGH ADDENDUM in the editor.
Begin by entering the Property Address at the top of the form. This is essential for identifying the property involved in the agreement.
Fill in the names of both Buyer and Seller, along with the offer date. Ensure that all parties are correctly identified to avoid any confusion.
Specify the date for the walk-through opportunity, which should be on or about a certain number of days prior to title transfer. This allows for verification of property condition.
Review and acknowledge that no issues can be raised during the walk-through regarding conditions previously viewed or resolved in earlier agreements.
In case of a material adverse change, ensure you understand how to notify both Seller and escrow agent in writing as outlined in the document.
Complete any additional terms and conditions as necessary, ensuring all parties sign and date where indicated at the bottom of the form.

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What is the purpose of a walk-through?

An addendum is an addition to a finished document, such as a contract. The most common addendum is an attachment or exhibit at the end of such a document. For example, a contract to manufacture widgets may have an addendum listing the specifications for said widgets.

How do I add an addendum to a real estate contract?

How to Create an Addendum to a Real Estate Contract Step 1 Review the Original Purchase Agreement. Step 2 Define the Desired Additions or Changes. Step 3 Draft the Addendum. Step 4 Obtain Both Parties Signatures. Step 5 Attach the Addendum to the Original Purchase Agreement. Step 6 Distribute Copies.

What is a walk through addendum?

NOTE: It is expressly understood by all parties that the purpose of the walk through is to make sure that the property is in essentially the same condition as when the contract was ratified. Normal wear and tear and cosmetic defects are not part of this final inspection.