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Unformatted text preview: MOVE OUT ADDENDUM Re: Property Located at: Due to the Seller(s) request to remain in the property after the closing date, a sum of $____will be held in escrow at time of closing by closing agent or such other agent as Buyer appoints. Sellers) agree to vacate the property within __ days following closing. In the event Sellers) do not vacate the property by the above date, a charge of $ ___ per day will be assessed and deducted from the escrowed amount or Seller financing amount due at a later time. Should Seller not completely vacate before the next payment is due, Seller will assume responsibility for that payment. In the event Sellers) have not vacated the property within days following agreed upon date, all monies remaining in escrow or due in Seller financing would be forfeited completely. Sellers) agrees to be tenant(s) in sufferance giving Buyer full rights to evict.completely....
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This note was uploaded on 03/26/2012 for the course RLS 101 taught by Professor R.rosen during the Spring '12 term at Pima CC.
- Spring '12