The addendum states that a paragraph contained within the original contract is superseded by the information contained in the addendum. Within 30 days after the abstract company receives a copy of the contract, the seller must furnish to the buyer, at the expense of the seller, an abstract of title certified by the abstract company from the sovereignty to the effective date of the contract and supplemented to the closing date. If objections are not cured by the extended closing date, the contract must be terminated and the earnest money will be refunded to buyer unless the buyer elects to waive the objections.
The Pasadena Texas Addendum for Abstract of Title is a legal document that provides additional information and details about a property's title. It supplements the abstract of title, which is a summary of all recorded documents related to the property. This addendum allows for a more comprehensive understanding of the property's ownership history and any relevant encumbrances or liens. The Pasadena Texas Addendum for Abstract of Title contains various types of information, including: 1. Deeds: This section includes copies of all deeds associated with the property, including warranty deeds, quitclaim deeds, and special warranty deeds. It outlines the transfer of ownership from one party to another, along with any relevant conditions or stipulations. 2. Mortgages and Liens: This section lists all mortgages, liens, and encumbrances placed on the property. It provides details about the lenders, amount owed, and any actions taken in relation to these claims. 3. Easements and Rights-of-Way: This section documents any recorded easements or rights-of-way that affect the property. It identifies the purpose of the easement and its location on the property. 4. Boundary and Survey Issues: This section addresses any boundary-related disputes or survey issues that may affect the property. It includes information about surveys, markers, and any legal actions or agreements related to the property's boundaries. 5. Tax Assessments: This section provides details about the property's current and past tax assessments. It includes tax records, payment history, and any outstanding taxes or delinquencies. The Pasadena Texas Addendum for Abstract of Title ensures that potential buyers, lenders, and other parties have a comprehensive understanding of the property's ownership history and any potential issues. By examining this addendum, individuals can make informed decisions regarding the property's purchase or financing. Different types of addenda may exist depending on the specific requirements of the county or jurisdiction. However, the aim remains consistent — to provide a more detailed account of the property's title history and associated documents.
