The Coronavirus (COVID-19) Addendum
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Florida Realtors® has released a new contract extension addendum that allows for time periods and dates to be extended as a result of the COVID-19 pandemic. This form is available for use in the event the parties would like to extend certain dates or time periods as a result of COVID-19.
The Coronavirus (COVID-19) may have impacts to real estate transactions, including but not limited to travel restrictions, self-imposed and/or governmental required isolations, potential closures of offices and institutions required to fund, close and record real estate transactions, and action or inactions of a homeowners’ or condominium association.
The form includes checkboxes with extension options for:
Closing date
Financing period
Inspection period
Title cure period
Feasibility study period
Due diligence period
Homeowners/condominium association approval
Realtors® with questions are encouraged to call the Florida Realtors® Legal Hotline, a free member benefit.
DISCLAIMER: Please note that the COVID-19 pandemic is evolving daily. Make sure to observe the CDC Guidelines as well as the Federal, State, and Local Orders. For legal questions, please contact the Florida Realtors® Legal Hotline.