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SALES ADDENDUM 


This Sales Addendum (the "Addendum") is made and effective the [DATE],


BETWEEN:  [SELLER NAME] (the Seller) an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:

  [YOUR COMPLETE ADDRESS]


AND:  [BUYER NAME] (the "Buyer"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:

  [COMPLETE ADDRESS]



RECITALS

Simultaneously with the making of this Addendum, Seller and Buyer have entered into a contract (the Contract) by which Seller will sell to Buyer the following commercial property: 

[DESCRIPTION OF PROPERTY BEING SOLD] 

and by which Buyer will sell to Seller the following residential property:

[DESCRIPTION OF PROPERTY BEING SOLD]
 

DATE OF CLOSING

The closing will take place on [DATE OF CLOSING], at [TIME OF CLOSING] at [LOCATION], located at [ADDRESS], or at such other time and place as Seller and Buyer may jointly designate in writing. 


PAYMENT TERMS

At the simultaneous closing of said residential and said commercial properties, Buyer and Seller agree to transfers possession of both properties and Seller agrees to pay Buyer the sum of [AMOUNT].


SPECIAL PROVISIONS

Buyer and Seller warrant and represents that each has good title to said property, full authority to sell and transfer same and that said properties are being sold free and clear of all liens, encumbrances, liabilities and adverse claims, of every nature and description.
[DESCRIBE ANY SPECIAL PROVISIONS] 
 


IN WITNESS WHEREOF, the parties have executed this Addendum as of the date first above written.


SELLER            BUYER




                          
Authorized Signature          Authorized Signature

                          
Print Name and Title          Print Name and Title






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