Scope of Work
A detailed list of tasks, materials, and measurable outcomes so parties and contractors share a single definition of 'done' and inspectors can verify completion.
A precise addendum reduces disputes by describing work, timelines, payment or credit amounts, and who obtains permits. It protects closing timelines, preserves negotiated credits, and creates an enforceable record of post-inspection obligations.
Common parties and their roles when preparing an addendum are listed below.
Use the appropriate signer(s) and contact details to avoid delays at closing.
A detailed list of tasks, materials, and measurable outcomes so parties and contractors share a single definition of 'done' and inspectors can verify completion.
If materials or brands are required, list them. When omitted, use measurable quality standards (grade, tolerance, or industry spec) to reduce disputes.
State dollar amounts, credits toward closing, or escrow holdbacks. Indicate whether funds release after certificate of completion, inspection, or final lien waiver.
Provide dates or relative triggers (e.g., within X days of closing). Specify consequences for missed deadlines and whether extensions are permitted.
Define who inspects or certifies completion and the standards used (building inspector, licensed contractor, buyer acceptance).
Include warranty periods, contractor obligations, and remedies such as price reduction, escrow retention, or right to cure.
| Field | Configuration |
|---|---|
| eSignature Fields | Place signature, printed name, and date fields for each party |
| Authentication | Use email verification, optional SMS code or ID check |
| Conditional Fields | Reveal cost or schedule fields after party selection |
| Attachments | Allow photos, estimates, or permit scans to be uploaded |
Confirm file format, signer authentication level, and integration needs before sending the addendum electronically.
Often within 5–10 days after inspection
Seller typically accepts within 48–72 hours
Commonly set as MM/DD/YYYY or within X days
Permits usually pulled before work begins
Before closing or final fund disbursement
Tim Martin used electronic addenda to finalize post-inspection repairs and preserve closing dates.
A management firm standardized addenda templates to reduce negotiation time and contractor disputes.
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|---|---|---|---|---|---|
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