Purchase Addendum Vermont PDF Details

Navigating the real estate landscape involves a myriad of documents and legal forms, particularly when it comes to the exchange or sale of property. One such document, the Purchase Addendum Vermont form, specifically the Personal Property Addendum, plays a crucial role in the process, detailing the agreement between seller and purchaser over items of personal property that are to be included in the sale at no additional cost. Dated and explicitly linked to a principal Purchase and Sale Contract, this addendum enumerates items of personal property that the seller agrees to convey to the purchaser, establishing that these items will be handed over "AS IS" without any warranties, whether explicit or implicit, regarding their condition or suitability. This ensures both parties are on the same page with respect to what is included in the sale, thus avoiding potential disputes over personal property. Critically, it also specifies that in the event the main sale does not proceed to closing, the agreement regarding personal property becomes void. Authored by the Vermont Association of REALTORS®, it encapsulates an essential piece of the contractual puzzle in property transactions within Vermont, emphasizing clarity, consensus, and the legal frameworks guiding such exchanges.

QuestionAnswer
Form NamePurchase Addendum Vermont
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namespersonal property addendum form, property, personal property addendum real estate, merchantability

Form Preview Example

PERSONAL PROPERTY ADDENDUM

Addendum to Purchase and Sale Contract dated

 

, between

(Seller) and

(Purchaser)

Property Location

 

(Property)

StreetCity/Town

In consideration of entering into the above Purchase and Sale Contract, the following personal property shall be conveyed to purchaser at no monetary value:

At closing, Seller shall convey, assign and deliver to Purchaser all of Seller's right, title and interest in and to the Property described herein and shall convey the same free and clear of all liens, attachments and encumbrances. All such items shall be conveyed “AS IS” and there are no express or implied warranties of any nature relating to the conveyance of these items, including warranties of merchantability and/or fitness for a particular purpose. Purchaser understands that Seller is not a merchant with respect to these items.

In the event the Purchase and Sale Contract does not close, Seller shall not be obligated to convey, assign and deliver the personal property identified herein to Purchaser.

____________________________

 

____________________________

 

Seller

Date

Purchaser

Date

____________________________

 

____________________________

 

Seller

Date

Purchaser

Date

____________________________

 

____________________________

 

Seller

Date

Purchaser

Date

____________________________

 

____________________________

 

Seller

Date

Purchaser

Date

Eff. 9/1/99 Copyright© 1999 Vermont Association of REALTORS®, Inc.

This form developed by Vermont Association of REALTORS®, Inc.

Personal Property Addendum

 

 

 

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filling in purchase part 1

You have to provide the necessary details in the At closing Seller shall convey, In the event the Purchase and Sale, assign and deliver the personal, Seller, Date, Purchaser, Date, Seller, Date, Purchaser, and Date field.

purchase At closing Seller shall convey, In the event the Purchase and Sale, assign and deliver the personal, Seller, Date, Purchaser, Date, Seller, Date, Purchaser, and Date blanks to complete

It's essential to provide the necessary data from the Seller, Date, Purchaser, Date, Seller, Date, Purchaser, Date, Eff Copyright Vermont, This form developed by Vermont, and Personal Property Addendum box.

purchase Seller, Date, Purchaser, Date, Seller, Date, Purchaser, Date, Eff  Copyright  Vermont, This form developed by Vermont, and Personal Property Addendum blanks to insert

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