San Diego California Apéndice para la compra de otra propiedad por parte del vendedor - Addendum for Purchase of Other Property by Seller

• Category: Bienes Raíces - Contratos - Adendas
• State: Multi-State
• County: San Diego
• Control #: US-00472-A6
• Format: Word

Description

El efecto del Contrato de Compra estará supeditado a que el Vendedor compre otra propiedad en una fecha determinada. San Diego California is a vibrant coastal city located in the southern part of the state. Known for its beautiful beaches, pleasant climate, and diverse culture, San Diego is a popular tourist destination and a thriving community. The San Diego California Addendum for Purchase of Other Property by Seller is a legal document commonly used in real estate transactions. This addendum allows the seller to include a provision regarding the purchase of another property while the current home is being sold. There are different types of San Diego California Addendum for Purchase of Other Property by Seller, including: 1. Contingent Sale Addendum: This addendum specifies that the sale of the current property is contingent upon the seller's successful purchase of another property. It outlines the conditions that need to be met for the contract to proceed. 2. Back-Up Offer Addendum: In a competitive real estate market, buyers can submit a backup offer on a property that has already accepted an offer. With this addendum, the seller can include a provision stating that if the seller is unable to purchase another property, the backup offer will become the primary offer. 3. Extended Closing Addendum: Sometimes, the seller may need additional time to close on a property they intend to purchase. The extended closing addendum allows for an extended closing date to accommodate the seller's timeline. 4. Option Period Addendum: This addendum grants the seller an option period to market and sell the property, during which time they have the right to cancel the contract if a suitable replacement property has not been found. 5. California Association of Realtors (CAR) Addendum: The CAR provides a standard addendum that can be used for various purposes in real estate transactions, including the purchase of other property by the seller. This addendum addresses the details and provisions related to the seller's acquisition of another property. It is crucial to consult with a real estate professional or an attorney familiar with San Diego's real estate laws to ensure that the appropriate addendum is used in a specific transaction. This will help protect the interests of both the buyer and the seller during the purchase of other property by the seller.

San Diego California is a vibrant coastal city located in the southern part of the state. Known for its beautiful beaches, pleasant climate, and diverse culture, San Diego is a popular tourist destination and a thriving community. The San Diego California Addendum for Purchase of Other Property by Seller is a legal document commonly used in real estate transactions. This addendum allows the seller to include a provision regarding the purchase of another property while the current home is being sold. There are different types of San Diego California Addendum for Purchase of Other Property by Seller, including: 1. Contingent Sale Addendum: This addendum specifies that the sale of the current property is contingent upon the seller's successful purchase of another property. It outlines the conditions that need to be met for the contract to proceed. 2. Back-Up Offer Addendum: In a competitive real estate market, buyers can submit a backup offer on a property that has already accepted an offer. With this addendum, the seller can include a provision stating that if the seller is unable to purchase another property, the backup offer will become the primary offer. 3. Extended Closing Addendum: Sometimes, the seller may need additional time to close on a property they intend to purchase. The extended closing addendum allows for an extended closing date to accommodate the seller's timeline. 4. Option Period Addendum: This addendum grants the seller an option period to market and sell the property, during which time they have the right to cancel the contract if a suitable replacement property has not been found. 5. California Association of Realtors (CAR) Addendum: The CAR provides a standard addendum that can be used for various purposes in real estate transactions, including the purchase of other property by the seller. This addendum addresses the details and provisions related to the seller's acquisition of another property. It is crucial to consult with a real estate professional or an attorney familiar with San Diego's real estate laws to ensure that the appropriate addendum is used in a specific transaction. This will help protect the interests of both the buyer and the seller during the purchase of other property by the seller.

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.