09/01/2026
Are you buying or selling a property in Florida? π A standard real estate contract is just the beginning. To truly protect your money and avoid disputes, legal addendums are essential.
These additional documents modify or add specific terms to the main agreement and must be signed by both parties:
π 1. Inspection and Repairs: Allows you to negotiate who will pay for repairs or if you can withdraw from the deal without losing your deposit.
π° 2. Financing Contingency: Protects the buyer if the bank does not approve the mortgage or if the appraisal is lower than the agreed-upon sale price, allowing you to safely cancel the contract.
β‘ 3. HOA/Condominium Disclosure: Details the community rules, monthly fees, and special assessments, preventing costly surprises after closing.
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π Note: I am not an attorney licensed to practice law in the State of Florida, and I may not give legal advice or accept fees for legal advice.
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