New Hampshire Addendum for Continued Marketing of Property by Seller due to Contingencies

• Category: Real Estate - Contracts - Addendums
• State: Multi-State
• Control #: US-00472-A2
• Format: Word; Rich Text

Description

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. The New Hampshire Addendum for Continued Marketing of Property by Seller Due to Contingencies is a legal document that may be used by sellers in New Hampshire to extend the marketing period for selling their property if certain contingencies or conditions are not met within the original marketing duration. This addendum provides an opportunity for the seller to continue marketing their property while the contingencies are being resolved, ensuring that potential buyers are aware of the property's availability. This addendum is applicable in situations where the initial marketing period has ended, but the seller wishes to extend it due to contingencies that may affect the sale. The contingencies could include factors such as financing issues, repairs or renovations required by the buyer, or any other specific conditions agreed upon by both parties. By using the New Hampshire Addendum for Continued Marketing of Property by Seller Due to Contingencies, sellers can protect their interests and ensure that the property remains actively marketed despite any obstacles that may delay the sale. It allows sellers to maintain exposure to potential buyers, increasing the likelihood of finding a suitable purchaser. There may not be different types of this addendum specific to New Hampshire, but it is important to note that there may be variations or different versions of this document used in other states. It is recommended to consult with a qualified real estate attorney or obtain a standardized form that has been approved for use in New Hampshire to ensure compliance with state laws and regulations. Keywords: New Hampshire, addendum, continued marketing of property, seller, contingencies, marketing period, extending marketing duration, potential buyers, financing issues, repairs, renovations, suitable purchaser, exposure, real estate.

The New Hampshire Addendum for Continued Marketing of Property by Seller Due to Contingencies is a legal document that may be used by sellers in New Hampshire to extend the marketing period for selling their property if certain contingencies or conditions are not met within the original marketing duration. This addendum provides an opportunity for the seller to continue marketing their property while the contingencies are being resolved, ensuring that potential buyers are aware of the property's availability. This addendum is applicable in situations where the initial marketing period has ended, but the seller wishes to extend it due to contingencies that may affect the sale. The contingencies could include factors such as financing issues, repairs or renovations required by the buyer, or any other specific conditions agreed upon by both parties. By using the New Hampshire Addendum for Continued Marketing of Property by Seller Due to Contingencies, sellers can protect their interests and ensure that the property remains actively marketed despite any obstacles that may delay the sale. It allows sellers to maintain exposure to potential buyers, increasing the likelihood of finding a suitable purchaser. There may not be different types of this addendum specific to New Hampshire, but it is important to note that there may be variations or different versions of this document used in other states. It is recommended to consult with a qualified real estate attorney or obtain a standardized form that has been approved for use in New Hampshire to ensure compliance with state laws and regulations. Keywords: New Hampshire, addendum, continued marketing of property, seller, contingencies, marketing period, extending marketing duration, potential buyers, financing issues, repairs, renovations, suitable purchaser, exposure, real estate.