Form 22D PDF Details

In navigating the complexities of real estate transactions, the Form 22D, known as the "Optional Clauses Addendum to Purchase and Sale Agreement", serves as an essential tool for both buyers and sellers. Updated in August 2011, this form offers a structured way to include common clauses that might otherwise necessitate custom drafting, thus streamlining the agreement process. Prepared by legal professionals, these clauses cover a range of contingencies and specifics about the property, the transaction mechanics, and the responsibilities of each party. The guidance it provides includes, but is not limited to, verification of property details such as square footage and lot size, title insurance specifics, maintenance of the property until transfer, and handling of items left by the seller. It also addresses utilities, insulation for new constructions, leased property, and review periods for documents related to homeowners' associations. Furthermore, it offers an option for electronic communication, expanding the flexibility for document delivery in today's digital age. By filling in the designated areas and checking applicable boxes, parties can tailor the agreement to their unique needs without altering the attorney-prepared standard language, maintaining legal integrity while minimizing the risk of unintentional errors or omissions. Thus, Form 22D acts as a safeguard and a testament to the meticulous care taken in ensuring that the purchase and sale agreement accurately reflects the understanding and intentions of the parties involved.

QuestionAnswer
Form NameForm 22D
Form Length5 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min 15 sec
Other namesform 22a financing addendum rev 2 17, form 22d, nwmls form 22d, form 22d washington

Form Preview Example

Form Rev. 8/11

Form 22D

OPTIONAL CLAUSES ADDENDUM TO PURCHASE AND SALE AGREEMENT

GENERAL COMMENTS:

A.Use. This is an optional form. It includes some of the most common clauses that you would otherwise have to draft. Note that there are additional attorney drafted clauses in the Special Clauses available on Xpress Forms.

B.Do Not Make Changes. These are attorney prepared clauses. Washington case law permits you to fill in simple blanks in attorney prepared forms and insert attorney prepared clauses. If you change these clauses, they are no longer “attorney prepared.” If you make changes, you will be held to the standards of an attorney in the wording of the changes, and could be guilty of malpractice if the changes are not properly drafted.

C.Describe in Purchase and Sale Agreement. In the Purchase and Sale Agreement, you should insert “NWMLS Optional Clauses Addendum 22D” in the blank space for addenda. If you forget to do so, it does not make the Addendum or Purchase and Sale Agreement void - but it could cause problems of proof when somebody claims this Addendum was not attached to their copy of the Purchase and Sale Agreement.

ASSISTANCE FILLING IN THE BLANKS: The following numbers refer to the numbers on the sample form shown in this Manual.

1.Date of Purchase and Sale Agreement. Insert the same date that is at the top of the first page of the Purchase and Sale Agreement.

2.Buyer. Insert the Buyer’s name(s) as on the Purchase and Sale Agreement.

3.Seller. Insert the Seller’s name(s) as on the Purchase and Sale Agreement.

4.Property. Insert the Property address as on the Purchase and Sale Agreement.

5.Check the Box. Check whichever (one or more) of these clauses is to be part of the Purchase and Sale Agreement. It is a good idea to “X” out the clauses that do not apply - but is not legally necessary to do so.

6.Square Footage/Lot Size/Encroachments. This paragraph advises the Buyer to verify lot size, square footage and the existence of any encroachments to Buyer’s satisfaction within the inspection period. This paragraph also makes clear that Listing Broker and Selling Broker make no representations concerning those items.

7.Title Insurance. NWMLS purchase and sale agreements require Seller to pay the premium for a Homeowner’s Policy of Title Insurance for Buyer. If a Homeowner’s Policy is not available, then the purchase and sale agreements require Seller to pay the premium for a Standard Policy. If Buyer wants different coverage than the Homeowner’s Policy, Buyer and Seller may agree in the Optional Clause Addendum on either a Standard Policy (less coverage than a Homeowner’s Policy) or an Extended Coverage Policy (more coverage than a Homeowner’s Policy). If the parties agree on an Extended Coverage Policy, Buyer will pay the increased cost of such a policy and will also likely be required to pay for a survey.

8.Property and Grounds Maintained. The purchase and sale agreement provides, “Seller agrees to maintain the Property in its present condition, normal wear and tear excepted, until the Buyer is entitled to possession.” Paragraph 4 in the Optional Clauses Addendum requires Seller to maintain the Property (including the buildings, grounds, plumbing, heat, electrical, other systems, and all Included Items) in the same condition as when initially viewed by

1

Man. Rev. 8/11

Form Rev. 8/11Form 22D

OPTIONAL CLAUSES ADDENDUM TO PURCHASE AND SALE AGREEMENT

Buyer. In addition, the paragraph requires Seller to repair or replace appliances that malfunction during prior to the transfer of possession.

9.Items Left by Seller. This paragraph makes clear that all items left by Seller become the property of Buyer and requires Seller to clean the Property prior to Buyer taking possession.

10.Utilities. Check the box to indicate if Seller is representing that the Property is connected to the described utilities.

11.Insulation - New Construction. If the house is new construction, Federal Trade Com- mission rules require that this information be filled in. If there is no wall and/or ceiling insulation, then fill in “none” or “no insulation” following “Type.” Leaving it blank could mean it was ignored or not explained to the parties.

12.Leased Property. Use this clause if the Seller leases personal property that will pass to the Buyer on Closing. By selecting this clause, the Buyer agrees to assume the lease and will be solely responsible for any breach of the lease, including failure to pay. The Buyer should obtain and review all leases before agreeing to assume them.

13.Homeowners’ Association Review Period. Use this clause if the Property is subject to a homeowners’ association and the Buyer wants to review the documents listed in Form 22D as a condition to purchasing the Property. Fill in the number of days that the Seller has to provide the documents listed in this paragraph (if available), and also fill in the number of days that the Buyer has to review the documents. Note that the burden is on the Buyer to give the notice of disapproval within the prescribed time period if Buyer does not approve the documents and elects to terminate the transaction. Otherwise, the homeowner’s association review condition will waive automatically, and Buyer will no longer have the right to terminate the contract on this basis.

14.Excluded Items. Use this clause if there are any items that the parties would like to exclude from the sale, which would otherwise be included in the sale. The items that are included in the sale are listed in General Term “c” of the Purchase and Sale Agreement.

15.E-mail Transmission. Use this clause if the parties elect to allow for the e-mail delivery of transaction documents. If the buyer and the seller agree, the e-mail transmission and retransmission of any signed original document is the same as the delivery of the original. This includes the delivery of all transaction documents, including the acceptance of offers and counteroffers, rescissions, notices, seller disclosure statements, resale certificates, preliminary commitment for title insurance, etc.

Form 22D contains a field for e-mail addresses for the Selling Broker, Selling Firm, Listing Broker, and Listing Firm. For delivery to be effective, the document must be sent to both the Selling Broker and Selling Firm or the Listing Broker and Listing Firm. The Firm e-mail address on Form 22D is the “Listing Firm Authorized E-mail Address” or the “Selling Firm Authorized E-mail Address.” Each firm must determine which e-mail address to use for the “Firm Authorized E-mail Address” and make sure the firm’s brokers use that e-mail address on the form.

If the document is sent to both the applicable e-mail addresses identified in Form 22D, then delivery is effective. The party receiving the e-mail does not have to acknowledge receipt of the e-mail for delivery to be effective.

2

Man. Rev. 8/11

Form Rev. 8/11

Form 22D

OPTIONAL CLAUSES ADDENDUM TO PURCHASE AND SALE AGREEMENT

16.Other. You can use this space to include other special clauses. You can also use the blank Addendum Form No. 34. If you use Form 34, you are advised to use the attorney drafted “Special Clauses” in the front of this Manual.

17.Initials and Date. Buyer(s) and Seller(s) should initial and date this Addendum. Insert the date each person initialed, not the date on the Purchase and Sale Agreement.

3

Man. Rev. 8/11

6

Form 22D

 

©Copyright 2011

Optional Clauses Addendum

 

Northwest Multiple Listing Service

Rev. 8/11

OPTIONAL CLAUSES ADDENDUM TO

ALL RIGHTS RESERVED

Page 1 of 2

 

PURCHASE & SALE AGREEMENT

 

 

 

The following is part of the Purchase and Sale Agreement dated

 

 

 

 

1

 

 

1

__________________________________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

between

 

 

 

 

 

 

2

 

 

 

(“Buyer”)

2

 

 

 

 

 

 

 

 

 

 

 

 

 

and

 

 

 

 

3

 

 

 

 

 

(“Seller”)

3

 

 

 

 

 

4

concerning ________________________________________________________________________ (the "Property”).

 

4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CHECK IF INCLUDED:

5

 

 

 

 

 

 

 

 

 

 

5

1. Square Footage/Lot Size/Encroachments. The Listing Broker and Selling Broker make no representations

6

concerning: (a) the lot size or the accuracy of any information provided by the Seller; (b) the square footage of

7

any improvements on the Property; (c) whether there are any encroachments (fences, rockeries, buildings) on

8

the Property, or by the Property on adjacent properties. Buyer is advised to verify lot size, square footage and

9

encroachments to Buyer’s own satisfaction within the inspection contingency period.

 

10

2.Title Insurance. The Title Insurance clause in the Agreement provides Seller is to provide the then-current ALTA 11

form of Homeowner’s Policy of Title Insurance. The parties have the option to provide less coverage by selecting 12

a Standard Owner’s Policy or more coverage by selecting an Extended Coverage Policy:

13

8

9

10

7

Standard Owner’s Policy. Seller authorizes Buyer’s lender or Closing Agent, at Seller’s expense, to 14

 

apply for the then-current ALTA form of Owner’s Policy of Title Insurance, together with homeowner’s 15

 

additional protection and inflation protection endorsements, if available at no additional cost, rather than 16

 

the Homeowner’s Policy of Title Insurance.

17

 

 

7

Extended Policy. Seller authorizes Buyer’s lender or Closing Agent, at Seller’s expense to apply for an 18

 

ALTA or comparable Extended Coverage Policy of Title Insurance, rather than the Homeowner’s Policy 19

 

of Title Insurance. Buyer shall pay the increased costs associated with the Extended Coverage Policy, 20

 

including the excess premium over that charged for Homeowner’s Policy of Title Insurance and the cost 21

 

of any survey required by the title insurer.

22

3.Property And Grounds Maintained. Until possession is transferred to Buyer, Seller agrees to maintain the 23 Property in the same condition as when initially viewed by Buyer. The term “Property” includes the building(s); 24 grounds; plumbing, heat, electrical and other systems; and all Included Items. Should an appliance or system 25 become inoperative or malfunction prior to transfer of possession, Seller agrees to either repair, or replace the 26 same with an appliance or system of at least equal quality. Buyer reserves the right to reinspect the Property 27 within 5 days prior to transfer of possession to verify the foregoing. Buyer and Seller understand and agree 28

that the Listing Broker and Selling Broker shall not, under any circumstances, be liable for the foregoing or 29

Seller’s breach of this clause.

30

4.Items Left by Seller. Any personal property, fixtures or other items remaining on the Property when 31 possession is transferred to Buyer shall thereupon become the property of the Buyer, and may be retained or 32

disposed of as Buyer determines. However, Seller agrees to clean the interiors of any structures and remove 33

all trash, debris and rubbish on the Property prior to Buyer taking possession.

34

5. Utilities. To the best of Seller's knowledge, Seller represents that the Property is connected to a:

35

public water main; public sewer main; septic tank; well (specify type) _______________________ ; 36

irrigation water (specify provider) ___________________________________; natural gas; telephone; 37

cable; electricity; other ______________________________________________________________ . 38

Initials: BUYER:

17

Date: _____________ SELLER:

17

Date: ___________

BUYER: _________________ Date: _____________ SELLER: ________________ Date: ___________

11

Form 22D

 

©Copyright 2011

Optional Clauses Addendum

 

Northwest Multiple Listing Service

Rev. 8/11

OPTIONAL CLAUSES ADDENDUM TO

ALL RIGHTS RESERVED

Page 2 of 2

 

PURCHASE & SALE AGREEMENT

 

 

 

 

Continued

 

6.Insulation - New Construction. If this is new construction, Federal Trade Commission Regulations require 39 the following to be filled in. If insulation has not yet been selected, FTC regulations require Seller to furnish 40

Buyer the information below in writing as soon as available:

41

WALL INSULATION: TYPE: _______________ THICKNESS: _____________ R-VALUE: _____________ 42

CEILING INSULATION: TYPE: _____________ THICKNESS: _____________ R-VALUE: _____________ 43

OTHER INSULATION DATA: _______________________________________________________________ 44

12

13

7.Leased Property. Buyer hereby acknowledges that Seller leases the following items of personal property, 45

possession of which shall pass to Buyer on Closing:

46

propane tank; security system; satellite dish; other _____________________________________ 47

Buyer shall assume the lease for the items selected, perform all of the obligations of the lease, and hold 48

Seller harmless from and against any further obligation, liability, or claim arising from the lease.

49

8.Homeowners’ Association Review Period. If the Property is subject to a homeowners’ association or any 50

other association, then Seller shall provide Buyer a copy of the following documents (if available from the

51

Association) within __________ days (10 days if not filled in) of mutual acceptance:

52

1.

Association rules and regulations, including, but not limited to architectural guidelines;

53

2.

Association meeting minutes from the prior two (2) years;

54

3.

Association Board of Directors meeting minutes from the prior six (6) months; and

55

4.

Association financial statements from the prior two (2) years.

56

14

15

If Buyer, in Buyer’s sole discretion, does not give notice of disapproval within __________ days (5 days if not 57

filled in) of receipt of the above documents or the date that the above documents are due, then this 58 homeowners’ association review period shall conclusively be deemed satisfied (waived). If Buyer gives timely 59 notice of disapproval, then this Agreement shall terminate and the Earnest Money shall be refunded to Buyer. 60

9.Excluded Item(s). The following item(s), that would otherwise be included in the sale of the Property, is 61

excluded from the sale (“Excluded Item(s)”). Seller shall repair any damage to the Property caused by the 62

removal of the Excluded Item(s). Excluded Item(s):

63

_______________________________________________________________________________________

64

_______________________________________________________________________________________

65

10.E-mail Transmission. E-mail transmission of any signed original document, and retransmission of any 66 signed e-mail transmission, shall be the same as delivery of an original, provided that the document is sent to 67

both Selling Broker and Selling Firm or both Listing Broker and Listing Firm at the e-mail addresses below. At 68 the request of either party, or the Closing Agent, the parties will confirm e-mail transmitted signatures by 69

signing an original document.

 

 

 

 

 

70

______________________________________

____________________________________

71

Selling Broker E-mail Address

 

Listing Broker E-mail Address

 

 

______________________________________

____________________________________

72

Selling Firm Authorized E-mail Address

Listing Firm Authorized E-mail Address

 

11. Other.

 

 

 

 

 

 

 

 

 

73

16

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

74

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

75

 

 

 

 

 

 

 

 

 

 

76

 

 

 

 

 

 

 

 

 

 

77

 

 

 

 

 

 

 

 

 

 

Initials: BUYER: _________________

17

 

Date: _____________

SELLER:

17

 

Date: ___________

 

BUYER: _________________

Date: _____________

SELLER: ________________

Date: ___________

 

How to Edit Form 22D Online for Free

Handling PDF files online is actually super easy using our PDF editor. Anyone can fill in form 22d real estate here painlessly. The tool is continually improved by our team, getting handy functions and growing to be better. Starting is easy! What you need to do is follow the next simple steps down below:

Step 1: First of all, open the tool by pressing the "Get Form Button" at the top of this webpage.

Step 2: With this state-of-the-art PDF file editor, you can actually do more than just complete blank fields. Express yourself and make your forms appear sublime with customized textual content added, or optimize the original content to perfection - all backed up by an ability to insert stunning photos and sign the file off.

In order to complete this PDF document, make sure you type in the right details in every single field:

1. For starters, when filling in the form 22d real estate, begin with the form section that contains the next fields:

The way to fill in 22d stage 1

2. Once your current task is complete, take the next step – fill out all of these fields - Buyer In addition the paragraph, Items Left by Seller This, property of Buyer and requires, Utilities Check the box to, the described utilities, Insulation New Construction If, Leased Property Use this clause, Homeowners Association Review, and Excluded Items Use this clause if with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

Completing part 2 in 22d

Regarding Leased Property Use this clause and Excluded Items Use this clause if, ensure you take another look in this current part. Both these could be the most important ones in this PDF.

3. This subsequent step should be pretty uncomplicated, Excluded Items Use this clause if, Email Transmission Use this, Form D contains a field for email, If the document is sent to both, and Man Rev - all these fields is required to be completed here.

Step number 3 for filling in 22d

4. This next section requires some additional information. Ensure you complete all the necessary fields - Other You can use this space to, Initials and Date Buyers and, and date each person initialed not the - to proceed further in your process!

Initials and Date Buyers and, date each person initialed not the, and Other You can use this space to inside 22d

5. To wrap up your form, this particular segment requires several additional blanks. Filling in Form D Optional Clauses Addendum, PURCHASE SALE AGREEMENT, between Buyer, and Seller, concerning the Property, CHECK IF INCLUDED, Square FootageLot, Title Insurance The Title, and Standard Owners Policy Seller will wrap up the process and you can be done in a snap!

How to fill out 22d part 5

Step 3: Right after looking through your fields and details, click "Done" and you're good to go! Obtain your form 22d real estate once you join for a free trial. Quickly view the pdf form in your personal cabinet, along with any modifications and adjustments conveniently synced! At FormsPal, we endeavor to make sure all of your details are maintained protected.