This document describes the different types of agency relationships that can consist of real estate transactions. The sales contract accounts, also known as “amendments,” are forms added to a sales contract at the time of approval or after signing, in order to modify or complete the terms of the agreement between the parties. Both parties are required to sign an addendum. Then it should be attached to the sales contract, and any new conditions that have been added will be part of the original agreement. For the addendum to be part of the original sales contract, it must be signed by both the buyer and the seller. If the buyer or seller does not accept the changes, the contract is void. If there was serious money that was deposited by the buyer, the money is paid according to the terms of the original contract. Sales contracts – Used to create a sales contract between a buyer and a seller of real estate. Lead-Based Paint Addendum – Necessary to join any agreement in which the property was built before 1978. Use these forms in conjunction with forms for government purchase agreement forms. Inspection Quota Addendum – Allows the buyer to enter into a sale contract that depends on part or all of the property that consists of a clean inspection by a third party (third) licensed. Earnest Money Release – If the buyer has decided to cancel the sales contract as part of his rights and decides to recover his serious money deposit, held by the seller or seller`s agent.

Condoinium Association Addendum – If the property is a condominium, a copy of the statutes, rules and other agreements must be submitted to the buyer for consideration. Contingency-addendum-to-louisiana-residential-agreement-to-buy-or-sell_final_legal.pdf It is very rare that a lease does not involve the addition of leasing. Most of the time, leasing and endorsement go hand in hand. Under various laws, such as 42 U.S. code 4852d, which requires that the Lead Based Paint Disclosure be built for all property leased or sold before 1978. Many landlords and landlords prefer to use a basic lease and use addendums to adjust their lease per tenant. Definition/Signification: A purchase supplement is any type of written language that supports or amends an existing agreement or existing contract. There is no official document to be added, any written document can be considered an addendum if it is attached to the original document entitled “Addendum”.