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.
Carrollton Texas Addendum for Coastal Area Property is a specialized document that provides specific terms and conditions for properties located in the coastal areas of Carrollton, Texas. This addendum is crucial to ensure legal compliance and protect the parties involved in the real estate transaction. The Carrollton Texas Addendum for Coastal Area Property addresses various aspects related to properties in this region, including environmental regulations, flood zones, insurance requirements, and building codes. It outlines specific guidelines that property buyers and sellers must follow to adhere to coastal area regulations and mitigate potential risks. Key elements covered in this addendum may include: 1. Environmental Compliance: This section highlights the need to comply with federal, state, and local environmental regulations applicable to coastal areas. It may include requirements related to hazardous substances, protected species preservation, and wetlands conservation. 2. Flood Zone Determination: Given the vulnerability of coastal areas to flooding, this addendum may require a flood zone determination report to determine the property's flood risk. If the property is located in a designated flood zone, additional provisions may outline the necessity of obtaining flood insurance. 3. Insurance Requirements: This section specifies the insurance coverage needed for coastal area properties, such as windstorm, hurricane, or flood insurance. It may mandate that the parties maintain adequate insurance throughout the transaction process and after the property transfer. 4. Building Codes and Regulations: Carrollton Texas Addendum for Coastal Area Property may outline specific building codes and construction regulations that apply to properties in the coastal areas. Compliance with these codes ensures the safety and durability of the structures. 5. Property Disclosures: This part may address additional property disclosures related to coastal area-specific concerns, such as erosion, subsidence, hurricane damage history, or proximity to protected areas. These disclosures aim to provide buyers with a comprehensive understanding of the property they are purchasing. It's worth noting that there may be different types of Carrollton Texas Addendum for Coastal Area Property, depending on specific requirements or property classifications. Some possible variations could be: a) Residential Carrollton Texas Addendum for Coastal Area Property: This addendum may cater to residential properties, outlining specific considerations for single-family homes, townhouses, or condominiums located in coastal areas. b) Commercial Carrollton Texas Addendum for Coastal Area Property: Meant for commercial properties, this version of the addendum may address additional aspects such as zoning restrictions, business licensing, and considerations specific to hotels, resorts, or retail establishments. c) Vacant Land Carrollton Texas Addendum for Coastal Area Property: This addendum could focus on undeveloped land within coastal areas, encompassing guidelines related to land use, permits required for development, and any restrictions due to protected habitats or endangered species. In summary, Carrollton Texas Addendum for Coastal Area Property is a comprehensive document designed to address the unique considerations and regulations associated with properties located in coastal areas of Carrollton, Texas. It ensures compliance with environmental, insurance, and building code requirements, providing a framework for a secure and transparent real estate transaction process.Carrollton Texas Addendum for Coastal Area Property is a specialized document that provides specific terms and conditions for properties located in the coastal areas of Carrollton, Texas. This addendum is crucial to ensure legal compliance and protect the parties involved in the real estate transaction. The Carrollton Texas Addendum for Coastal Area Property addresses various aspects related to properties in this region, including environmental regulations, flood zones, insurance requirements, and building codes. It outlines specific guidelines that property buyers and sellers must follow to adhere to coastal area regulations and mitigate potential risks. Key elements covered in this addendum may include: 1. Environmental Compliance: This section highlights the need to comply with federal, state, and local environmental regulations applicable to coastal areas. It may include requirements related to hazardous substances, protected species preservation, and wetlands conservation. 2. Flood Zone Determination: Given the vulnerability of coastal areas to flooding, this addendum may require a flood zone determination report to determine the property's flood risk. If the property is located in a designated flood zone, additional provisions may outline the necessity of obtaining flood insurance. 3. Insurance Requirements: This section specifies the insurance coverage needed for coastal area properties, such as windstorm, hurricane, or flood insurance. It may mandate that the parties maintain adequate insurance throughout the transaction process and after the property transfer. 4. Building Codes and Regulations: Carrollton Texas Addendum for Coastal Area Property may outline specific building codes and construction regulations that apply to properties in the coastal areas. Compliance with these codes ensures the safety and durability of the structures. 5. Property Disclosures: This part may address additional property disclosures related to coastal area-specific concerns, such as erosion, subsidence, hurricane damage history, or proximity to protected areas. These disclosures aim to provide buyers with a comprehensive understanding of the property they are purchasing. It's worth noting that there may be different types of Carrollton Texas Addendum for Coastal Area Property, depending on specific requirements or property classifications. Some possible variations could be: a) Residential Carrollton Texas Addendum for Coastal Area Property: This addendum may cater to residential properties, outlining specific considerations for single-family homes, townhouses, or condominiums located in coastal areas. b) Commercial Carrollton Texas Addendum for Coastal Area Property: Meant for commercial properties, this version of the addendum may address additional aspects such as zoning restrictions, business licensing, and considerations specific to hotels, resorts, or retail establishments. c) Vacant Land Carrollton Texas Addendum for Coastal Area Property: This addendum could focus on undeveloped land within coastal areas, encompassing guidelines related to land use, permits required for development, and any restrictions due to protected habitats or endangered species. In summary, Carrollton Texas Addendum for Coastal Area Property is a comprehensive document designed to address the unique considerations and regulations associated with properties located in coastal areas of Carrollton, Texas. It ensures compliance with environmental, insurance, and building code requirements, providing a framework for a secure and transparent real estate transaction process.