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Click ‘Get Form’ to open the back up offer addendum in the editor.
Begin by filling in the Addendum number at the top of the form. This helps identify your specific agreement.
In section 5, clearly state the names of both Buyer and Seller, along with the contract date and property details. This establishes context for your agreement.
Proceed to section 6, where both parties acknowledge that there is a primary Buy and Sell Agreement in place. Ensure this acknowledgment is clear.
In sections 9 through 19, choose one of the three options regarding how this back up offer will be handled if the primary agreement is terminated, withdrawn, or expires. Fill in any necessary dates or conditions.
Complete sections regarding Seller’s right to modify and conflicting terms to ensure clarity on how this addendum interacts with existing agreements.
Finally, sign and date the document in the designated areas for both Buyer and Seller, ensuring all parties have acknowledged their agreement.
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