Facilitating your sale by releasing yourself from a contingency addendum.

Can be used to override a previous real estate contingency agreement when a buyer makes an acceptable offer.

Don’t let a contingency addendum stall your real estate sale when a buyer with an acceptable offer is available. This form allows you to notify your original buyer that you have received an acceptable offer from another buyer. It also provides your first buyer with an opportunity to waive the contingency addendum in order to preserve the original purchase contract. This is the form you need to smoothly and legally facilitate the selling process.

ONE-PAGE FORM ALLOWS YOU TO:

• protect yourself from potential legal action
• have a standard agreement for multiple occurrences
• ensure consistent treatment of buyers
• extend an opportunity to waive the contingency agreement to the first buyer
• communicate in clear, concise language
• maintain up-to-date records on contingency agreements
• establish a clear deadline for notification from buyer

TERMS AND CONDITIONS COVERED:

• receipt of acceptable offer
• deadline for buyer to waive contingency addendum
• property location
• buyer’s deposit
• termination of contract
• buyer waiver

Contents reviewed and approved by attorneys or industry experts