Orange California Addendum for Continued Marketing of Property by Seller due to Contingencies

• Category: Real Estate - Contracts - Addendums
• State: Multi-State
• County: Orange
• Control #: US-00472-A2
• Format: Word; Rich Text

Description

This form is an Addendum to a Residential Real Estate Sales Contract allowing for the continued marketing of the subject property by the seller while seller completes the process of fulfilling certain contingencies. If another offer is received on the property, seller must notify the buyer that a new offer has been received, and that buyer must waive the contingencies or else property may be sold to new offeror. Adapt to fit your specific circumstances as desired. Orange, California is a vibrant city located in Orange County, with a rich history and a thriving community. Known for its picturesque neighborhoods, excellent schools, and diverse range of attractions, Orange is a highly sought-after place to call home. The Orange California Addendum for Continued Marketing of Property by Seller due to Contingencies is a crucial document that allows the sellers to extend the marketing of their property under certain circumstances. This addendum is often used when the sale of the property is contingent upon specific conditions that haven't been met within the original timeline. One type of Orange California Addendum for Continued Marketing of Property by Seller due to Contingencies is the Contingency Extension Addendum. This addendum grants the seller an additional period to market the property if there are unforeseen complications or issues that prevent the sale from proceeding as planned. Another type is the Inspection Contingency Addendum, which allows the seller to continue marketing their property while the buyer conducts additional inspections. This addendum is commonly used when the buyer wants to thoroughly inspect the property before finalizing the sale. Additionally, the Financing Contingency Addendum allows the seller to extend the marketing period if the buyer's financing falls through or if there are delays in securing a loan. This extension ensures that the seller can continue marketing the property while the buyer explores alternative financing options. The Orange California Addendum for Continued Marketing of Property by Seller due to Contingencies is a crucial tool that provides flexibility to sellers in navigating various unforeseen circumstances during the sale process. It allows them to continue marketing their property while potential contingencies are resolved, ensuring a smoother transaction for all parties involved.

Orange, California is a vibrant city located in Orange County, with a rich history and a thriving community. Known for its picturesque neighborhoods, excellent schools, and diverse range of attractions, Orange is a highly sought-after place to call home. The Orange California Addendum for Continued Marketing of Property by Seller due to Contingencies is a crucial document that allows the sellers to extend the marketing of their property under certain circumstances. This addendum is often used when the sale of the property is contingent upon specific conditions that haven't been met within the original timeline. One type of Orange California Addendum for Continued Marketing of Property by Seller due to Contingencies is the Contingency Extension Addendum. This addendum grants the seller an additional period to market the property if there are unforeseen complications or issues that prevent the sale from proceeding as planned. Another type is the Inspection Contingency Addendum, which allows the seller to continue marketing their property while the buyer conducts additional inspections. This addendum is commonly used when the buyer wants to thoroughly inspect the property before finalizing the sale. Additionally, the Financing Contingency Addendum allows the seller to extend the marketing period if the buyer's financing falls through or if there are delays in securing a loan. This extension ensures that the seller can continue marketing the property while the buyer explores alternative financing options. The Orange California Addendum for Continued Marketing of Property by Seller due to Contingencies is a crucial tool that provides flexibility to sellers in navigating various unforeseen circumstances during the sale process. It allows them to continue marketing their property while potential contingencies are resolved, ensuring a smoother transaction for all parties involved.