Addendum Property Form – Fill Out and Use This PDF

( St r eet Addr ess and Cit y )

( Nam e of Pr oper t y Ow ner s Associat ion, ( Associat ion) and Phone Num ber )

A. SU BD I V I SI ON I N FORM ATI ON : “ Subdiv ision I nfor m at ion” m eans: ( i) a cur r ent copy of t he r est r ict ions apply ing t o t he subdiv ision and by law s and r ules of t he Associat ion, and ( ii) a r esale cer t ificat e, all of w hich ar e descr ibed by Sect ion 207 . 003 of t he Tex as Pr oper t y Code.

( Check only one box ) :

1 . Wit hinday s aft er t he effect iv e dat e of t he cont r act , Seller shall obt ain, pay for , and deliv er

t he Subdiv ision I nfor m at ion t o t he Buy er . I f Seller deliv er s t he Subdivision I nfor m at ion, Buy er m ay t er m inat e

t he cont r act w it hin 3 day s aft er Buy er r eceiv es t he Subdiv ision	I nfor m at ion or prior t o closing, w hichev er
occur s fir st , and t he ear nest m oney w ill be r efunded t o Buy er .	I f Buy er does not r eceiv e t he Subdiv ision

I nfor m at ion, Buy er , as Buy er ’s sole r em edy , m ay t er m inat e t he cont r act at any t im e pr ior t o closing and t he ear nest m oney w ill be r efunded t o Buy er .

2 . Wit hin				day s aft er t he effect iv e dat e of t he cont r act , Buy er shall obt ain, pay for , and deliv er a
copy	of t he Subdivision I nfor m at ion t o t he Seller .				I f Buy er obt ains t he Subdiv ision I nfor m at ion w it hin	t he
t im e	r equir ed, Buy er			m ay t er m inat e t he cont r act	w it hin 3 day s aft er Buy er r eceiv es t he Subdiv ision
I nfor m at ion or pr ior t o				closing, w hichev er occur s fir st , and t he ear nest m oney w ill be r efunded t o Buy er .		I f

Buy er , due t o fact or s bey ond Buy er ’s cont r ol, is not able t o obt ain t he Subdiv ision I nfor m at ion w it hin t he t im e r equir ed, Buy er m ay , as Buy er ’s sole r em edy , t er m inat e t he cont r act w it hin 3 day s aft er t he t im e r equir ed or pr ior t o closing, w hichev er occur s fir st , and t he ear nest m oney w ill be r efunded t o Buy er .

3 . Buy er has r eceiv ed and appr ov ed t he Subdiv ision		I nfor m at ion befor e signing t he cont r act . Buy er	does
does not r equir e an updat ed	r esale cer t ificat e. I f	Buy er r equir es an updat ed r esale cer t ificat e, Seller , at
Buy er ’s ex pense, shall deliv er it	t o Buy er w it hin 10	day s aft er r eceiv ing pay m ent for t he updat ed	r esale

cer t ificat e fr om Buy er . Buy er m ay t erm inat e t his cont r act and t he ear nest m oney w ill be r efunded t o Buy er if Seller fails t o deliv er t he updat ed r esale cer t ificat e w it hin t he t im e r equir ed.

4 . Buy er does not r equir e deliv er y of t he Subdiv ision I nfor m at ion .

Th e t it le com p a n y		or it s a g e n t is a u t h or iz e d t o a ct on b e h a lf	of t h e p a r t ie s t o ob t a in	t h e Su b d iv ision
I n for m a t ion	ON LY	u p on r e ce ip t of t h e r e q u ir e d f e e f or t h e	Su b d iv ision I n f or m a t ion	f r om t h e p a r t y
ob lig a t e d t o	p a y .

B. M ATERI AL CH AN GES. I f Seller becom es aw ar e of any m at er ial changes in t he Subdivision I nform at ion, Seller shall pr om pt ly giv e not ice t o Buy er . Buy er m ay t er m inat e t he cont r act pr ior t o closing by giv ing w rit t en not ice t o Seller if: ( i) any of t he Subdivision I nfor m at ion pr ov ided w as not t r ue; or ( ii) any m at er ial adv er se change in t he Subdiv ision I nfor m at ion occur s pr ior t o closing, and t he ear nest m oney w ill be r efunded t o Buy er .

CFEES: Ex cept as pr ov ided by Par agr aphs A and D , Buy er shall pay any and all Associat ion fees or ot her char ges

associat ed w it h t he t r ansfer of t he Pr oper t y not t o ex ceed $

and Seller shall pay any ex cess.

D . D EPOSI TS FOR RESERV ES: Buy er shall pay any deposit s for r eser v es r equir ed at closing by t he Associat ion .

E.AU TH ORI ZATI ON : Seller aut hor izes t he Associat ion t o r elease and pr ov ide t he Subdiv ision I nfor m at ion and any

updat ed r esale cer t ificat e if r equest ed by t he Buy er , t he Tit le Com pany , or any br ok er t o t his sale. I f Buy er does not r equir e t he Subdivision I nfor m at ion or an updat ed r esale cer t ificat e, and t he Tit le Com pany r equir es infor m at ion fr om t he Associat ion ( such as t he st at us of dues, special assessm ent s, v iolat ions of cov enant s and r est r ict ions, and

a w aiv er of	any r ight of fir st r efusal) ,			Buy er	Seller shall	pay t he Tit le Com pany t he			cost of obt aining		t he
infor m at ion	pr ior t o t he Tit le Com pany or der ing t he infor m at ion.
N OTI CE TO	BU YER	REGARD I N G	REPAI RS BY		TH E ASSOCI ATI ON :		The	Associat ion	m ay	hav e t he	sole
r esponsibilit y t o m ak e		cer t ain r epair s	t o	t he Pr oper t y .	I f y ou ar e	concer ned	about	t he condit ion of		any par t of	t he

Pr oper t y w hich t he Associat ion is r equir ed t o r epair , y ou should not sign t he cont r act unless y ou ar e sat isfied t hat t he Associat ion w ill m ak e t he desir ed r epair s.

Buy er		Seller
Buy er		Seller

The for m of t his addendum has been appr ov ed by t he Tex as Real Est at e Com m ission for use only w it h sim ilar ly appr ov ed or pr om ulgat ed for m s of cont r act s. Such

appr ov al r elat es t o t his cont r act for m only . TREC for m s ar e int ended for	use only by t r ained r eal est at e licensees. No r epr esent at ion is m ade as t o t he legal
v alidit y or adequacy of any pr ov ision in any specific t r ansact ions. I t is not	int ended for com plex t r ansact ions. Tex as Real Est at e Com m ission, P. O. Box 12188,

Aust in, TX 78711 - 2188, ( 512) 936 - 3000 ( w w w . t r ec. t ex as. gov ) TREC No. 36 - 7 . This for m r eplaces TREC No. 36 - 6 .

TREC NO. 36 - 7