Chicken Addendums are a special type of addendum that realtors can use prior to getting under contract. An addendum in real estate means an additional document that gets added to the purchase and sale agreement. Our firm calls this special type of addendum a Chicken Addendum because the first time it was drafted, it was drafted for a client that wanted to be able to have chickens on the property that they were going buy. However, no one was sure whether they could have chickens on the property or not, even the seller didn’t know. So, this Chicken Addendum was drafted to give the client the option to back out, even after the due diligence period had expired because not being able to have chickens on the property was a deal-breaker for the client. Therefore, the client signed a Chicken Addendum that was attached to the Offer to Purchase Contract, which gave the client the option to back out of the contract even after the due diligence period if it turned out chickens were not allowed on the property for some reason such as a restriction.
The whole purpose of these Chicken Addendums is to help a client get out of a contract in case something goes wrong. The idea is that your realtor will attach a Chicken Addendum to the Offer to Purchase Contract, and this gives the client the option to back out of the contract and get their due diligence money back if the Chicken Addendum condition(s) is not met. Additionally, the client can back out at any time before the sale, even if the due diligence period has expired.
Chicken Addendums don’t just have to be used for only chickens of course. They can be used for a whole host of different reasons such as high-speed internet, short-term rental ability, build a fence, etc. Moreover, these Chicken Addendum conditions will control (meaning they take preference) even if there is a conflict with the Offer to Purchase Contract. In closing, these Chickens Addendums will make a realtor highly competitive in the market and please reach out to our firm if you ever in need of a Chicken Addendum.
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