The Nevada Addendum is a legal document used in real estate transactions in the state of Nevada. It outlines the specific terms and conditions of the transaction and serves as an addendum to the purchase agreement. It is an important document to ensure that both parties understand their rights and responsibilities in the transaction. There are two types of Nevada Addendum: the Residential Addendum and the Commercial Addendum. The Residential Addendum covers the sale of a single-family dwelling, while the Commercial Addendum covers the sale of commercial property. Both documents provide details on the terms of the sale, including the purchase price, deposits, closing costs, title insurance, and other miscellaneous items. The Addendum also outlines the rights and responsibilities of the buyer and seller, including disclosure requirements, inspection provisions, and remedies in the event of a breach of contract.