Lewisville Texas Addendum For Coastal Area Property

State:
Texas
City:
Lewisville
Control #:
TX-1074
Format:
Word; 
Rich Text
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Description

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.

The Lewisville Texas Addendum for Coastal Area Property is a legal document that serves as an extension or modification to a real estate contract in the Lewisville area, specifically for properties located in coastal areas. This addendum is designed to address the unique considerations and challenges associated with properties situated along the coastline, ensuring that both the buyer and seller are aware of and prepared for any potential issues that may arise. Keywords: Lewisville Texas, addendum, coastal area property, real estate contract, extension, modification, unique considerations, challenges, coastline, buyer, seller, potential issues. There are several types of Lewisville Texas Addendum for Coastal Area Property, each tailored to address specific concerns and regulations related to properties in the coastal areas. Some notable types include: 1. Lewisville Texas Addendum for Coastal Area Property — Flood Zone: This addendum specifically focuses on properties located in flood-prone areas. It outlines the provisions related to flood insurance requirements, mandatory elevation certifications, and any necessary disclosure obligations related to flood hazards. 2. Lewisville Texas Addendum for Coastal Area Property — Erosion Control: This addendum addresses the potential risks associated with coastal erosion. It outlines the responsibilities of both parties in terms of monitoring and maintaining erosion control measures and may include provisions regarding shoreline stabilization or the requirement for periodic inspections. 3. Lewisville Texas Addendum for Coastal Area Property — Building Codes and Permits: This type of addendum focuses on adherence to local building codes and permits specific to coastal properties. It may require sellers to provide evidence of obtained permits for improvements or renovations done on the property and outline the buyer's rights to verify compliance. 4. Lewisville Texas Addendum for Coastal Area Property — Hazardous Materials: This addendum primarily deals with the presence or potential existence of hazardous materials on the property, such as asbestos or lead-based paint. It outlines the obligations of both parties in terms of disclosure, inspection, and abatement of any hazardous substances as required by local and federal regulations. 5. Lewisville Texas Addendum for Coastal Area Property — Homeowners' Association (HOA) Regulations: This type of addendum focuses on any additional regulations or requirements imposed by a homeowners' association specific to coastal properties. It may outline the buyer's responsibilities regarding membership, adherence to architectural guidelines, or mandatory dues associated with coastal living. It is essential for both buyers and sellers of coastal properties in Lewisville, Texas, to carefully review and understand the applicable addendum to ensure compliance with local regulations and to protect their interests in the real estate transaction. Consulting with a qualified real estate attorney or agent is strongly recommended navigating the complexities associated with these addendums effectively.

The Lewisville Texas Addendum for Coastal Area Property is a legal document that serves as an extension or modification to a real estate contract in the Lewisville area, specifically for properties located in coastal areas. This addendum is designed to address the unique considerations and challenges associated with properties situated along the coastline, ensuring that both the buyer and seller are aware of and prepared for any potential issues that may arise. Keywords: Lewisville Texas, addendum, coastal area property, real estate contract, extension, modification, unique considerations, challenges, coastline, buyer, seller, potential issues. There are several types of Lewisville Texas Addendum for Coastal Area Property, each tailored to address specific concerns and regulations related to properties in the coastal areas. Some notable types include: 1. Lewisville Texas Addendum for Coastal Area Property — Flood Zone: This addendum specifically focuses on properties located in flood-prone areas. It outlines the provisions related to flood insurance requirements, mandatory elevation certifications, and any necessary disclosure obligations related to flood hazards. 2. Lewisville Texas Addendum for Coastal Area Property — Erosion Control: This addendum addresses the potential risks associated with coastal erosion. It outlines the responsibilities of both parties in terms of monitoring and maintaining erosion control measures and may include provisions regarding shoreline stabilization or the requirement for periodic inspections. 3. Lewisville Texas Addendum for Coastal Area Property — Building Codes and Permits: This type of addendum focuses on adherence to local building codes and permits specific to coastal properties. It may require sellers to provide evidence of obtained permits for improvements or renovations done on the property and outline the buyer's rights to verify compliance. 4. Lewisville Texas Addendum for Coastal Area Property — Hazardous Materials: This addendum primarily deals with the presence or potential existence of hazardous materials on the property, such as asbestos or lead-based paint. It outlines the obligations of both parties in terms of disclosure, inspection, and abatement of any hazardous substances as required by local and federal regulations. 5. Lewisville Texas Addendum for Coastal Area Property — Homeowners' Association (HOA) Regulations: This type of addendum focuses on any additional regulations or requirements imposed by a homeowners' association specific to coastal properties. It may outline the buyer's responsibilities regarding membership, adherence to architectural guidelines, or mandatory dues associated with coastal living. It is essential for both buyers and sellers of coastal properties in Lewisville, Texas, to carefully review and understand the applicable addendum to ensure compliance with local regulations and to protect their interests in the real estate transaction. Consulting with a qualified real estate attorney or agent is strongly recommended navigating the complexities associated with these addendums effectively.

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Lewisville Texas Addendum For Coastal Area Property