Addendum conditioning a real estate purchase on the results of a professional property inspection, with defined periods for inspection, repair negotiation, and contingency removal or termination.
The Inspection Contingency Addendum is a ready-to-use real estate template you can send for signature in minutes. It is written for 2 signers (buyer and seller) and, by default, expires 30 days after it is sent if left unsigned. It covers real estate, contingency, inspection, due diligence, purchase agreement, addendum. Like every Abundera Sign template it is a convenience draft structured for ESIGN Act and UETA compliance, not a substitute for legal advice. Each signed copy is sealed with PAdES-LTA digital signatures, dual RFC 3161 timestamps, and a tamper-evident evidence package in WORM storage.
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# Inspection Contingency Addendum This Inspection Contingency Addendum ("Addendum") is entered into as of ___________ and amends and supplements the Real Estate Purchase Agreement dated ___________ ("Purchase Agreement") between ___________ ("Buyer") and ___________ ("Seller") for the real property located at ___________, ___________, ___________, ___________ ("Property"). All capitalized terms not defined herein have the meanings given in the Purchase Agreement. --- ## 1. Inspection Contingency This transaction is contingent upon Buyer's approval of one or more professional inspections of the Property, as further described in this Addendum. Buyer's approval is personal to Buyer and may be withheld in Buyer's sole and absolute discretion, provided Buyer acts in good faith. ## 2. Scope of Inspections Buyer may obtain, at Buyer's sole cost and expense, any or all of the following inspections: - General home inspection (structural, mechanical, electrical, plumbing, roof, HVAC) - Pest and wood-destroying organism inspection - Chimney and fireplace inspection - Roof inspection - Foundation and structural engineering inspection - Mold and indoor air quality assessment - Other: ___________ All inspectors shall be duly licensed or certified as required by applicable state law. Buyer shall coordinate all inspections directly with the inspector(s) and shall provide Seller with at least ___________ hours' prior written notice before entering the Property. ## 3. Inspection Period Buyer shall have until ___________ at ___________ local time ("Inspection Deadline") to complete all inspections and deliver either a Contingency Removal Notice or an Inspection Objection Notice (each as defined below). Time is of the essence as to this deadline. ## 4. Seller's Cooperation Seller shall provide Buyer and Buyer's inspector(s) reasonable access to the Property, including all structures, systems, attic, crawl space, and garage, during normal business hours within the Inspection Period. Seller shall ensure that all utilities (gas, electric, water) are active during inspections. Seller shall not be required to be present during inspections. ## 5. Inspection Results and Objection If Buyer is unsatisfied with any inspection result, Buyer shall deliver written notice to Seller ("Inspection Objection Notice") on or before the Inspection Deadline. The Inspection Objection Notice shall describe with reasonable specificity each item or condition to which Buyer objects and shall be accompanied by a copy of the relevant inspection report(s). Upon receipt of a timely Inspection Objection Notice, the parties shall have ___________ calendar days ("Negotiation Period") to negotiate in good faith a written resolution. A resolution may include, without limitation: (a) Seller's agreement to repair or remediate specified items prior to closing;