This is an addendum to the earnest money contract between the parties concerning a particular piece of property described in the addendum. The addendum states that the real property described in and subject to the contract adjoins and shares a common boundary with the tidally influenced submerged lands of the state. The boundary is subject to change and can be determined accurately only by a survey on the ground made by a licensed state land surveyor in accordance with the original grant from the sovereign. The addendum also mentions that state law prohibits the use, encumbrance, construction, or placing of any structure in, on, or over state-owned submerged lands below the applicable tide line, without proper permission.
Arlington Texas Addendum For Coastal Area Property
State:
Texas
City:
Arlington
Control #:
TX-1074
Format:
Word;
Rich Text
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An addendum may include any written item added to an existing piece of writing. The addition often applies to supplemental documentation that changes the initial agreement that forms the original contract.
Description: This Addendum is used if the parties need to add additional items of personal property that are to stay with the property that are not already listed in paragraph 2B or 2C of the purchase contract.
Backup Offer Clause. A seller may want to accept a backup offer, which would become a primary offer if the initial buyer is unable to close. This clause allows the backup buyer to withdraw the purchase offer at any time prior to becoming the primary contract.
Real Estate Back Up Offer Addendum - YouTube YouTube Start of suggested clip End of suggested clip This is your backup offer addendum very simple. The listing agent either checks the box for theMoreThis is your backup offer addendum very simple. The listing agent either checks the box for the purchase agreement or if there's a counteroffer. And puts all the information and the date.
Back Up Addendum - YouTube YouTube Start of suggested clip End of suggested clip The way to do that is using paragraph five of the backup contract. Put $0 in the first blank. AndMoreThe way to do that is using paragraph five of the backup contract. Put $0 in the first blank. And then using special provisions.
Description: This Addendum is attached to a contract when another contract has already been executed by the Seller and another Buyer (First Contract). It makes the contract that it is attached to contingent upon the termination of the First Contract.
The addendum allows the buyer to terminate under certain circumstances if he cannot obtain credit approval or if the property does not satisfy the lender's underwriting requirements. Last Updated July 16, 2020.
The Non-Realty Items Addendum is used for personal property that is being conveyed. It is not a mandatory form required by TREC.
Basically, it means that if the primary offer falls through, then the seller agrees to the terms of the backup contract. The backup offer addendum includes many of the specifications of a primary offer, such as price and other conditions.
Buyers & sellers should understand the definition of a non-realty item before going under contract. The Non-Realty Addendum is used for items that are not included in the sale of the home. Common examples are refrigerator, washer & dryer, draperies, wine fridge (if not built-in), lawn furniture, potted plants.