Indiana purchase agreement addendumPurchase Agreement Addendum • June 17th, 2023
Contract Type FiledJune 17th, 2023This form will let the buyer know of any defects, issues, or other information* that they should be made aware of before completing a purchase and sale agreement. (§ 32-21-5-7) Common Interest Community Disclosure. Sellers are required to disclose if the property is governed by a homeowner’s association. (§ 32-21-5-8.5) 4.4 Stars | 21 Ratings 437 Downloads Updated February 21, 2023An Indiana residential purchase and sale agreement is a legally binding contract between a seller and buyer of residential real estate. This contract covers all elements of the sale of the property including price, property condition, inspections, closing terms, rights, and responsibilities of both parties, among other important terms. Both parties must sign the agreement but only after the seller has accepted the buyer’s offer and all terms have been agreed upon. The seller is also obliged to supply the buyer with a disclosure form outlining the various material defects and pertinent information pertaining t