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Closing Date Extension Addendum Form
This document serves as a formal addendum to the purchase agreement between the parties listed below, allowing an extension of the closing date as permitted under applicable laws.
Parties:
Seller: ____________________________________
Buyer: ____________________________________
Property Address:
___________________________________________________
Original Closing Date:
___________________________________________________
New Closing Date:
___________________________________________________
This extension is made pursuant to the terms of the original purchase agreement. The parties agree to the following conditions:
- The closing date is hereby extended to the new date indicated above.
- All other terms and conditions of the original purchase agreement remain in full force and effect.
- Any additional conditions related to this extension, if applicable, are as follows:
___________________________________________________
By signing below, both parties acknowledge and agree to the terms of this Closing Date Extension Addendum.
Seller's Signature: ___________________________ Date: ______________
Buyer's Signature: ___________________________ Date: ______________
This form may be governed by the laws of the State of __________. Please consult state-specific statutes and regulations or legal counsel for guidance.
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Similar forms
Purchase Agreement Addendum: This document modifies the original purchase agreement, similar to the Closing Date Extension Addendum, by changing specific terms, such as the closing date.
Lease Extension Agreement: Like the Closing Date Extension Addendum, this agreement extends the duration of a lease, allowing more time for both parties to fulfill their obligations.
Modification Agreement: This document alters existing terms of a contract, akin to how the Closing Date Extension Addendum changes the timeline for closing.
Loan Extension Agreement: Similar in purpose, this agreement extends the repayment timeline of a loan, providing additional time for the borrower.
- Trailer Bill of Sale: To ensure a smooth transfer of trailer ownership in Illinois, it's crucial to complete the Motor Vehicle Bill of Sale, which serves as proof of purchase and meets legal registration requirements.
Settlement Agreement: This document resolves disputes and may adjust deadlines, similar to how the Closing Date Extension Addendum provides flexibility in closing timelines.
Contingency Removal Addendum: This addendum removes specific contingencies from a contract, much like extending the closing date can adjust the overall timeline for completion.
Inspection Contingency Extension: This document extends the time allowed for inspections, paralleling the way the Closing Date Extension Addendum allows more time before finalizing the sale.
Financing Contingency Extension: Just as the Closing Date Extension Addendum provides additional time for closing, this document allows more time for securing financing.
Title Contingency Extension: This extension allows more time to resolve title issues, similar to how the Closing Date Extension Addendum adjusts the closing schedule.
Post-Closing Occupancy Agreement: This document allows the seller to remain in the property after closing, which can be relevant if the closing date is extended.