This is an addendum to an earnest money contract between the parties concerning property described in the addendum. The addendum states that if the property is in close proximity to a beach fronting the Gulf of Mexico, the purchaser is advised that the public has acquired a right of use or easement to or over the area of any public beach by prescription, dedication, or presumption, or has retained a right by virtue of continuous right in the public since time immemorial, as recognized in law and custom. Furthermore, The purchaser is also notified that he/she should seek the advice of an attorney or other qualified person before executing this contract or instrument of conveyance as to the relevance of the statutes and facts to the value of the property that he/she is purchasing or contracting to purchase.
The Bexar Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway is a crucial legal document that pertains to properties situated along the Gulf Intracoastal Waterway within Bexar County, Texas. This particular addendum provides specific terms and conditions that must be considered when buying, selling, or leasing a property in this region. It is essential for parties involved in real estate transactions to fully comprehend the implications of this addendum to protect their interests and adhere to the applicable rules and regulations. Listed below are some key points and aspects covered by the Bexar Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway: 1. Coastal Zoning: This addendum outlines the coastal zoning restrictions and regulations that apply to properties located seaward of the Gulf Intracoastal Waterway in Bexar County, Texas. It may include restrictions on construction, remodeling, or development to ensure the protection of coastal resources and the environment. 2. Easements and Access: The addendum addresses any existing easements, rights of way, or access provisions applicable to the property in question. It explicitly identifies any limitations, restrictions, or requirements related to traversing the property to access the Gulf Intracoastal Waterway. 3. Environmental Considerations: The Bexar Texas Addendum encompasses environmental considerations specific to this region, including regulations related to protected species, wetlands, shorelines, and erosion control. It may also address any required environmental assessments or studies that need to be conducted before transferring or developing the property. 4. Insurance Requirements: This addendum may include provisions concerning insurance requirements for properties located seaward of the Gulf Intracoastal Waterway. It may specify the types and coverage limits of insurance policies necessary to protect against potential coastal hazards or natural disasters. 5. Disclosure Obligations: The addendum may impose additional disclosure obligations on the sellers concerning any known or potential risks associated with the property due to its proximity to the Gulf Intracoastal Waterway. This includes disclosing information about flood zones, erosion, previous storm damage, or any planned coastal development projects. 6. Legal Compliance: The Bexar Texas Addendum ensures that the property's buyers and sellers comply with all relevant federal, state, and local laws, regulations, and ordinances. It emphasizes the importance of adhering to all requirements and obtaining the necessary permits or approvals for any construction, renovation, or development activities. Different types or versions of the Bexar Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway may exist, but their specific categorizations are not mentioned. It is advisable to consult with a real estate attorney or a knowledgeable professional to obtain the latest and most accurate version of the addendum when engaging in a real estate transaction in this area.The Bexar Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway is a crucial legal document that pertains to properties situated along the Gulf Intracoastal Waterway within Bexar County, Texas. This particular addendum provides specific terms and conditions that must be considered when buying, selling, or leasing a property in this region. It is essential for parties involved in real estate transactions to fully comprehend the implications of this addendum to protect their interests and adhere to the applicable rules and regulations. Listed below are some key points and aspects covered by the Bexar Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway: 1. Coastal Zoning: This addendum outlines the coastal zoning restrictions and regulations that apply to properties located seaward of the Gulf Intracoastal Waterway in Bexar County, Texas. It may include restrictions on construction, remodeling, or development to ensure the protection of coastal resources and the environment. 2. Easements and Access: The addendum addresses any existing easements, rights of way, or access provisions applicable to the property in question. It explicitly identifies any limitations, restrictions, or requirements related to traversing the property to access the Gulf Intracoastal Waterway. 3. Environmental Considerations: The Bexar Texas Addendum encompasses environmental considerations specific to this region, including regulations related to protected species, wetlands, shorelines, and erosion control. It may also address any required environmental assessments or studies that need to be conducted before transferring or developing the property. 4. Insurance Requirements: This addendum may include provisions concerning insurance requirements for properties located seaward of the Gulf Intracoastal Waterway. It may specify the types and coverage limits of insurance policies necessary to protect against potential coastal hazards or natural disasters. 5. Disclosure Obligations: The addendum may impose additional disclosure obligations on the sellers concerning any known or potential risks associated with the property due to its proximity to the Gulf Intracoastal Waterway. This includes disclosing information about flood zones, erosion, previous storm damage, or any planned coastal development projects. 6. Legal Compliance: The Bexar Texas Addendum ensures that the property's buyers and sellers comply with all relevant federal, state, and local laws, regulations, and ordinances. It emphasizes the importance of adhering to all requirements and obtaining the necessary permits or approvals for any construction, renovation, or development activities. Different types or versions of the Bexar Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway may exist, but their specific categorizations are not mentioned. It is advisable to consult with a real estate attorney or a knowledgeable professional to obtain the latest and most accurate version of the addendum when engaging in a real estate transaction in this area.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
