One of the biggest questions we get from Buyers is if moving in early to a property can be given. I'm going to start with an answer that reminds all that every situation is different and this is not legal advice, and should consult their own attorney, and even add...
Tag: addendum O
The Addendum O from the Wisconsin Realtors Association can be used to manage the relationship between the buyer and seller when either a seller will remain in the property post-closing or a buyer occupies the property pre-closing. Historically the form offers included brief occupancy provisions for early or late occupancy, however the latest versions of the WB offers no longer contain such provisions. The WRA Addendum O has been updated to authorize occupancy and gives flexibility to negotiate occupancy charges, security deposits, maintenance, utilities and keys, just to name a few of the variety of considerations between the buyer and seller.