LEAD-BASED PAINT ADDENDUM TO REAL ESTATE PURCHASE CONTRACT
THIS IS AN ADDENDUM to that REAL ESTATE PURCHASE CONTRACT (the "REPC") with an Offer Reference
Date of , including all prior addenda and counteroffers, between as Buyer, and as Seller, regarding the
Property located at . The following terms are hereby incorporated as part of the REPC:
1. OPPORTUNITY TO CONDUCT A RISK ASSESSMENT OR INSPECTION.
1.1 Buyer's obligation to purchase the Property is conditioned upon Buyer's approval of the risk assessment or
inspection of the Property for the presence of lead-based paint and/or lead-based paint hazards.
1.2 The risk assessment or inspection ("Risk Assessment") of the Property shall be paid for by Buyer and shall
be conducted by individuals or entities of Buyer's choice. Seller shall cooperate in making the Property available
for the Risk Assessment. The deadline for Buyer to complete and review the Risk Assessment ("Risk Assessment
Deadline") shall be: (Check one box)
ten calendar days after Acceptance OR calendar days after Acceptance.
1.3 If the results of the Risk Assessment are not acceptable to Buyer, Buyer may either (a) provide written
objections to Seller as provided in Section 1.4 of this ADDENDUM; or (b) immediately cancel the REPC by
providing written notice of cancellation to Seller by the Risk Assessment Deadline referenced in Section 1.2 above,
together with a copy of the Risk Assessment report. The Brokerage, upon receipt of a copy of Buyer's written
notice of cancellation, shall return the Earnest Money Deposit to Buyer.
1.4 If Buyer does not immediately cancel the REPC as provided above, Buyer may, by the Risk Assessment
Deadline referenced in Section 1.2 above, provide Seller with written objections and a copy of the Risk
Assessment report. Buyer and Seller shall have seven calendar days after Seller's receipt of the objections (the
"Response Period") in which to agree in writing upon a manner of resolving Buyer's objections. Seller may, but
shall not be required to, resolve Buyer's objections. If Buyer and Seller have not agreed in writing upon the
manner of resolving Buyer's objections, Buyer may cancel the REPC by providing written notice to Seller no later
than three calendar days after expiration of the Response Period. The Brokerage, upon receipt of a copy of
Buyer's written notice of cancellation, shall return the Earnest Money Deposit to Buyer.
1.5 If Buyer does not deliver a written objection to Seller regarding the results of the Risk Assessment as
provided in Section 1.4 above, or cancel the REPC as provided in Sections 1.3 or 1.4 above, any objections to the
results of the Risk Assessment shall be deemed waived by Buyer and Buyer shall take the Property "as is" with
regard to any lead-based paint or lead-based paint hazards that may be present in the Property.
To the extent the terms of this ADDENDUM modify or conflict with any provisions of the REPC, including all prior
addenda and counteroffers, these terms shall control. All other terms of the REPC, including all prior addenda and
counteroffers, not modified by this ADDENDUM shall remain the same. Seller Buyer shall have until : AM PM
Mountain Time on , (Date), to accept the terms of this ADDENDUM in accordance with the provisions of Section
23 of the REPC. Unless so accepted, the offer as set forth in this ADDENDUM shall lapse.
The Buyer’s/Seller’s Signature(s), Date(s) and Time(s) shall be filled in by hand on printed form.
THIS IS AN ADDENDUM to that REAL ESTATE PURCHASE CONTRACT (the "REPC") with an Offer Reference
Date of , including all prior addenda and counteroffers, between as Buyer, and as Seller, regarding the
Property located at . The following terms are hereby incorporated as part of the REPC:
1. OPPORTUNITY TO CONDUCT A RISK ASSESSMENT OR INSPECTION.
1.1 Buyer's obligation to purchase the Property is conditioned upon Buyer's approval of the risk assessment or
inspection of the Property for the presence of lead-based paint and/or lead-based paint hazards.
1.2 The risk assessment or inspection ("Risk Assessment") of the Property shall be paid for by Buyer and shall
be conducted by individuals or entities of Buyer's choice. Seller shall cooperate in making the Property available
for the Risk Assessment. The deadline for Buyer to complete and review the Risk Assessment ("Risk Assessment
Deadline") shall be: (Check one box)
ten calendar days after Acceptance OR calendar days after Acceptance.
1.3 If the results of the Risk Assessment are not acceptable to Buyer, Buyer may either (a) provide written
objections to Seller as provided in Section 1.4 of this ADDENDUM; or (b) immediately cancel the REPC by
providing written notice of cancellation to Seller by the Risk Assessment Deadline referenced in Section 1.2 above,
together with a copy of the Risk Assessment report. The Brokerage, upon receipt of a copy of Buyer's written
notice of cancellation, shall return the Earnest Money Deposit to Buyer.
1.4 If Buyer does not immediately cancel the REPC as provided above, Buyer may, by the Risk Assessment
Deadline referenced in Section 1.2 above, provide Seller with written objections and a copy of the Risk
Assessment report. Buyer and Seller shall have seven calendar days after Seller's receipt of the objections (the
"Response Period") in which to agree in writing upon a manner of resolving Buyer's objections. Seller may, but
shall not be required to, resolve Buyer's objections. If Buyer and Seller have not agreed in writing upon the
manner of resolving Buyer's objections, Buyer may cancel the REPC by providing written notice to Seller no later
than three calendar days after expiration of the Response Period. The Brokerage, upon receipt of a copy of
Buyer's written notice of cancellation, shall return the Earnest Money Deposit to Buyer.
1.5 If Buyer does not deliver a written objection to Seller regarding the results of the Risk Assessment as
provided in Section 1.4 above, or cancel the REPC as provided in Sections 1.3 or 1.4 above, any objections to the
results of the Risk Assessment shall be deemed waived by Buyer and Buyer shall take the Property "as is" with
regard to any lead-based paint or lead-based paint hazards that may be present in the Property.
To the extent the terms of this ADDENDUM modify or conflict with any provisions of the REPC, including all prior
addenda and counteroffers, these terms shall control. All other terms of the REPC, including all prior addenda and
counteroffers, not modified by this ADDENDUM shall remain the same. Seller Buyer shall have until : AM PM
Mountain Time on , (Date), to accept the terms of this ADDENDUM in accordance with the provisions of Section
23 of the REPC. Unless so accepted, the offer as set forth in this ADDENDUM shall lapse.
The Buyer’s/Seller’s Signature(s), Date(s) and Time(s) shall be filled in by hand on printed form.
| Kirk Millson Plumb & Co. |
| 801.419.8912 |
| Sugar House Lead Paint Addendum |
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