This form is an Addendum to a Residential Real Estate Sales Contract allowing for the continued marketing of the subject property by the seller while seller completes the process of fulfilling certain contingencies. If another offer is received on the property, seller must notify the buyer that a new offer has been received, and that buyer must waive the contingencies or else property may be sold to new offeror. Adapt to fit your specific circumstances as desired.
Lima, Arizona is a charming town nestled in Graham County, known for its picturesque landscapes and tight-knit community. If you're looking to sell your property in Lima, it's essential to be aware of the various addendums available to ensure a successful transaction, especially when contingencies arise. One such important addendum is the Lima Arizona Addendum for Continued Marketing of Property by Seller due to Contingencies. The Lima Arizona Addendum for Continued Marketing of Property by Seller due to Contingencies provides a safety net for sellers who need additional time to market their property when faced with unforeseen circumstances. This addendum allows sellers to extend their marketing efforts, ensuring they have the opportunity to find the right buyer while having contingencies addressed. The addendum enables sellers to outline specific contingencies that may impact the sale of the property, such as repairs, financing delays, or leaseback agreements. By including these contingencies, sellers can extend the marketing period, giving them ample time to resolve these issues without rushing the sale process. Moreover, the Lima Arizona Addendum for Continued Marketing of Property by Seller due to Contingencies is flexible enough to adapt to different scenarios. For example, there may be situations where the contingency resolution requires more time than initially anticipated. In such cases, sellers can submit an addendum extension request, allowing them to continue marketing the property until the contingencies are fully resolved. It's crucial to note that there may be slight variations or specific types of addendums falling under the Lima Arizona Addendum for Continued Marketing of Property by Seller due to Contingencies. These variations are designed to address unique circumstances that may arise during the sale process. Some possible types of addendums in Lima, Arizona, may include: 1. Lima Arizona Addendum for Continued Marketing of Property by Seller due to Repairs: This addendum focuses primarily on contingencies related to necessary repairs or renovations required to satisfy buyers' demands. The seller can request an extension for their marketing period until all repairs are complete. 2. Lima Arizona Addendum for Continued Marketing of Property by Seller due to Financing Delays: This addendum allows sellers to extend their marketing efforts if they encounter unexpected delays in securing financing for potential buyers. The seller can postpone the closing date until the financing is successfully obtained. 3. Lima Arizona Addendum for Continued Marketing of Property by Seller due to Leaseback Agreement: In situations where sellers require a short-term leaseback after the sale, this addendum comes into play. It grants the seller the option to extend the marketing period until suitable leaseback terms are finalized. In conclusion, the Lima Arizona Addendum for Continued Marketing of Property by Seller due to Contingencies is a valuable tool for sellers in Lima, Arizona, allowing them to navigate unforeseen challenges during the sale process. By leveraging addendums tailored to specific contingencies, sellers can ensure a smooth and successful sale while protecting their interests and maximizing opportunities for finding the right buyer.
Lima, Arizona is a charming town nestled in Graham County, known for its picturesque landscapes and tight-knit community. If you're looking to sell your property in Lima, it's essential to be aware of the various addendums available to ensure a successful transaction, especially when contingencies arise. One such important addendum is the Lima Arizona Addendum for Continued Marketing of Property by Seller due to Contingencies. The Lima Arizona Addendum for Continued Marketing of Property by Seller due to Contingencies provides a safety net for sellers who need additional time to market their property when faced with unforeseen circumstances. This addendum allows sellers to extend their marketing efforts, ensuring they have the opportunity to find the right buyer while having contingencies addressed. The addendum enables sellers to outline specific contingencies that may impact the sale of the property, such as repairs, financing delays, or leaseback agreements. By including these contingencies, sellers can extend the marketing period, giving them ample time to resolve these issues without rushing the sale process. Moreover, the Lima Arizona Addendum for Continued Marketing of Property by Seller due to Contingencies is flexible enough to adapt to different scenarios. For example, there may be situations where the contingency resolution requires more time than initially anticipated. In such cases, sellers can submit an addendum extension request, allowing them to continue marketing the property until the contingencies are fully resolved. It's crucial to note that there may be slight variations or specific types of addendums falling under the Lima Arizona Addendum for Continued Marketing of Property by Seller due to Contingencies. These variations are designed to address unique circumstances that may arise during the sale process. Some possible types of addendums in Lima, Arizona, may include: 1. Lima Arizona Addendum for Continued Marketing of Property by Seller due to Repairs: This addendum focuses primarily on contingencies related to necessary repairs or renovations required to satisfy buyers' demands. The seller can request an extension for their marketing period until all repairs are complete. 2. Lima Arizona Addendum for Continued Marketing of Property by Seller due to Financing Delays: This addendum allows sellers to extend their marketing efforts if they encounter unexpected delays in securing financing for potential buyers. The seller can postpone the closing date until the financing is successfully obtained. 3. Lima Arizona Addendum for Continued Marketing of Property by Seller due to Leaseback Agreement: In situations where sellers require a short-term leaseback after the sale, this addendum comes into play. It grants the seller the option to extend the marketing period until suitable leaseback terms are finalized. In conclusion, the Lima Arizona Addendum for Continued Marketing of Property by Seller due to Contingencies is a valuable tool for sellers in Lima, Arizona, allowing them to navigate unforeseen challenges during the sale process. By leveraging addendums tailored to specific contingencies, sellers can ensure a smooth and successful sale while protecting their interests and maximizing opportunities for finding the right buyer.
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.