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P. 15
PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC) 12-05-2011
ADDENDUM FOR
SALE OF OTHER PROPERTY BY BUYER
TO CONTRACT CONCERNING THE PROPERTY AT
735 May Trl, Lowry Crossing, TX 75069-2533
(Address of Property)
A. The contract is contingent upon Buyer's receipt of the proceeds from the sale of Buyer's property
at 308 Turtle Court, McKinney, TX
(Address) on or before August 24 , 2017 (the Contingency). If the
Contingency is not satisfied or waived by Buyer by the above date, the contract will terminate
automatically and the earnest money will be refunded to Buyer.
NOTICE: The date inserted in this Paragraph should be no later than the date specified in
Paragraph 9 of the contract.
B. If Seller accepts a written offer to sell the Property, Seller shall notify Buyer (1) of such acceptance
AND (2) that Seller requires Buyer to waive the Contingency. Buyer must waive the Contingency
on or before the 2nd 2nd day after Seller's notice to Buyer; otherwise the contract will
terminate automatically and the earnest money will be refunded to Buyer.
2,500.00
C. Buyer may waive the Contingency only by notifying Seller of the waiver and depositing $ 1,000.00
with escrow agent as additional earnest money. All notices must be in writing and are
effective when delivered in accordance with the contract.
D. If Buyer waives the Contingency and fails to close and fund solely due to Buyer's non-receipt of
proceeds from Buyer's sale of the Property described in Paragraph A, Buyer will be in default. If such
default occurs, Seller may exercise the remedies specified in Paragraph 15 of the contract.
E. For purposes of this Addendum time is of the essence; strict compliance with the times for
performance stated herein is required.
Verified by PDFfiller
07/12/2017
07/13/2017 Kurt Gensler
Daniel Nissen 03:23 PM GMT
07/10/2017 0:15:31
Buyer Daniel Nissen Seller Kurt Gensler Verified by PDFfiller
07/12/2017
07/13/2017 Kathryn I. Kennelly-Gensler
Allyson Nissen 03:37 PM GMT
07/09/2017 23:58:59
Buyer Allyson Nissen Seller Kathryn Gensler
This form has been approved by the Texas Real Estate Commission for use with similarly approved or promulgated
contract forms. Such approval relates to this form only. TREC forms are intended for use only by trained real
estate licensees. No representation is made as to the legal validity or adequacy of any provision in any specific
transactions. It is not suitable for complex transactions. Texas Real Estate Commission, P.O. Box 12188, Austin, TX
78711-2188, 512-936-3000 (http://www.trex.texas.gov) TREC No. 10-6. This form replaces TREC No. 10-5.
TREC No. 10-6
Coldwell Banker Apex - McKinney Office, 7290 W VA Pkwy, Ste 2400 McKinney, TX 75071 Phone: 972-562-5400 Fax: 972-562-2835 Allyson Nissen
Deborah Diviney Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com