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Purchase Agreement Addendum

(Inspection Request Form)
February 4, 2021
This document is used in reference to the Purchase Agreement initiated on ________________________ by and between
Elizabeth Salazar Campos
BUYER(s) _____________________________________________________________________________________ and
HOLLACE J. DRAKE ESTATE
SELLER(s) ________________________________________________________________________________________
516 Swallum Dr Storm Lake IA 50588
and for the purchase of the property at: _________________________________________________________________.

The above described property has been inspected by either the BUYER(s) or a person of the BUYER's choice.
I. Select one of the following:
A. The BUYER(s) is/are satisfied with this inspection and agrees to perform the obligation to purchase the above property
pursuant to the above referenced Purchase Agreement. This statement does not affect any improvements to the property that
may be required by the BUYER's lender.
✖ B. The BUYER(s) has/have conducted the inspection pursuant to the above referenced Purchase Agreement and has discovered
the following deficiencies that the BUYER(s) requests the SELLER(s) to be responsible for addressing and repairing prior to
closing: (Attach separate addendum if needed).

See email for more details on items requested for repair/replacement: Windows loose; electrical breakers; basement
________________________________________________________________________________________________________
sealing; relief valve on water heater; dishwasher not functional
________________________________________________________________________________________________________

______________________________________________ __________________________________________________
BUYER/Date BUYER/Date

II. SELLER(s) will have 72 hours from the receipt of the property inspection results to respond to BUYER's claims of deficiencies.
A. The SELLER(s) agrees to make operational, functional or repair ALL deficiencies stated above by the BUYER.

B. The SELLER(s) agrees to make operational, functional or repair ONLY the following deficiencies stated above by the BUYER.

________________________________________________________________________________________________________

________________________________________________________________________________________________________

Name of contractor who will conduct work:__________________________________________________________

C. The SELLER(s) offers $ ___________ amount to continue transaction for full release of all demands or clauses of BUYER.
D. The SELLER(s) decline to address deficiencies requested by the BUYER(s) and accept the terms of the Purchase Agreement as
agreed upon.

______________________________________________ __________________________________________________
SELLER/Date SELLER/Date

III. The BUYER(s) acknowledges the SELLER's response and BUYER(s) will respond within 48 hours.
A. BUYER(s) accepts the SELLER's response.
B. BUYER(s) does not accept the SELLER(s) response and responds as follows per the terms of the Purchase Agreement referred
above:___________________________________________________________________________________________________

________________________________________________________________________________________________________

______________________________________________ __________________________________________________
BUYER/Date BUYER/Date

IV. SELLER(s) accepts does not accept BUYER(s) response.

______________________________________________ __________________________________________________
SELLER/Date SELLER/Date
© 12/2016 Iowa Great Lakes Board of REALTORS®
Serial#: 079704-900161-3003121
Prepared by: Angela Crewther | EXP Realty | Angela.crewther@exprealty.com |