What is the primary purpose of the non-realty items addendum?

Get ready for the AceableAgent Promulgated Contracts Test. Practice with multiple choice questions, each offering hints and detailed explanations. Boost your confidence and ace your exam!

The primary purpose of the non-realty items addendum is to list non-structural items included in the sale of real estate. This document serves to explicitly detail any personal property or fixtures that are not typically considered part of the real estate transaction but are being included in the sale. This could encompass items such as appliances, window treatments, or outdoor equipment, making it essential for both parties to have a clear understanding of what is included with the property. By specifying these items in the addendum, it helps avoid confusion or disputes during the transaction process.

The other options address aspects that are not the primary focus of the non-realty items addendum. For instance, zoning restrictions pertain to regulations regarding land use and are covered under different legal documentation. Similarly, changes in purchase price or financial obligations fall outside the scope of this addendum and are typically managed in the main contract. This specificity reinforces the addendum's importance in protecting both buyers and sellers by clearly delineating what items are being conveyed in the sale.

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