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 Pearland Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway is a legal document that outlines specific considerations and requirements for properties situated along the Gulf Intracoastal Waterway in Pearland, Texas. This addendum serves as an additional agreement to be attached and incorporated into the main property purchase contract. The main purpose of this addendum is to address the unique characteristics and potential risks associated with owning property that is located seaward of the Gulf Intracoastal Waterway. It aims to protect the interests of both the buyer and the seller by establishing clear terms and conditions for the purchase and use of such properties. Key provisions outlined in the Pearland Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway may include: 1. Flood Zone Designation: The addendum may specify the designated flood zone or zones that the property falls under. It may require the buyer to procure flood insurance or provide information regarding existing flood insurance coverage. 2. Elevation and Building Requirements: The addendum may outline specific elevation requirements that must be met when constructing or renovating buildings on the property to minimize the risk of flooding or other natural disasters. It may also provide guidelines for building materials and techniques suitable for such coastal areas. 3. Floodplain Development Permits: The addendum may require the buyer to obtain any necessary permits or approvals from local authorities for any development or alterations to the property located within a designated floodplain zone. 4. Environmental Considerations: It may address environmental regulations that may apply to the property and may require the buyer to comply with all federal, state, and local environmental laws and regulations. 5. Disclosure of Potential Hazards: The addendum may require the seller to disclose any known hazards related to the property such as erosion, sinkholes, storm surge, or any other environmental risks. Additional types or variations of the Pearland Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway may include variations specific to different regions, municipalities, or unique circumstances. For example, there could be separate addendums for properties located in designated coastal conservation areas, properties requiring additional inspections due to potential environmental contamination, or properties subject to specific shoreline protection regulations. Ultimately, the Pearland Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway aims to ensure that both buyers and sellers are aware of and agree to the specific considerations and requirements associated with purchasing and owning property in Pearland, Texas, that is located seaward of the Gulf Intracoastal Waterway.The Pearland Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway is a legal document that outlines specific considerations and requirements for properties situated along the Gulf Intracoastal Waterway in Pearland, Texas. This addendum serves as an additional agreement to be attached and incorporated into the main property purchase contract. The main purpose of this addendum is to address the unique characteristics and potential risks associated with owning property that is located seaward of the Gulf Intracoastal Waterway. It aims to protect the interests of both the buyer and the seller by establishing clear terms and conditions for the purchase and use of such properties. Key provisions outlined in the Pearland Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway may include: 1. Flood Zone Designation: The addendum may specify the designated flood zone or zones that the property falls under. It may require the buyer to procure flood insurance or provide information regarding existing flood insurance coverage. 2. Elevation and Building Requirements: The addendum may outline specific elevation requirements that must be met when constructing or renovating buildings on the property to minimize the risk of flooding or other natural disasters. It may also provide guidelines for building materials and techniques suitable for such coastal areas. 3. Floodplain Development Permits: The addendum may require the buyer to obtain any necessary permits or approvals from local authorities for any development or alterations to the property located within a designated floodplain zone. 4. Environmental Considerations: It may address environmental regulations that may apply to the property and may require the buyer to comply with all federal, state, and local environmental laws and regulations. 5. Disclosure of Potential Hazards: The addendum may require the seller to disclose any known hazards related to the property such as erosion, sinkholes, storm surge, or any other environmental risks. Additional types or variations of the Pearland Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway may include variations specific to different regions, municipalities, or unique circumstances. For example, there could be separate addendums for properties located in designated coastal conservation areas, properties requiring additional inspections due to potential environmental contamination, or properties subject to specific shoreline protection regulations. Ultimately, the Pearland Texas Addendum for Property Located Seaward of the Gulf Intracoastal Waterway aims to ensure that both buyers and sellers are aware of and agree to the specific considerations and requirements associated with purchasing and owning property in Pearland, Texas, that is located seaward of the Gulf Intracoastal Waterway.
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.
