Code Change
Require code changes at transfer and identify who performs them and when.
Use the Real Estate Alarm System Addendum to reduce post-closing disputes by documenting alarm ownership, monitoring responsibilities, and service transfer procedures in writing.
Agents, sellers, landlords, buyers, and property managers commonly complete the addendum when an alarm system affects occupancy, transfer, or ongoing costs.
Clear allocation of duties and costs in the addendum protects all parties and supports smooth post-closing handoffs.
The listing agent identifies installed alarm equipment, records vendor/contract details, and ensures the addendum is provided to buyers. They help negotiate credits or restoration obligations and confirm whether the seller will transfer monitoring or cancel service before closing.
The buyer or tenant accepts the documented condition and service terms, acknowledges any ongoing monitoring payments, and agrees to required steps (such as changing alarm codes). Their signature binds them to operational and payment responsibilities after closing or lease commencement.
| Field | Configuration |
|---|---|
| Vendor Details Field | Required text entry |
| Account Number Field | Numeric validation |
| Effective Date Field | MM/DD/YYYY format |
| Signature Field | Signer authentication |
Choose a platform that supports secure eSignatures, audit trails, and conditional fields for addendum specifics.
State whether equipment is owned by seller/landlord, leased, or remains with the alarm company. Specify whether buyer/tenant accepts equipment as-is or requires removal.
Define whether monitoring will be transferred to the new occupant, canceled prior to closing, or continued with billing arrangements. Include steps and vendor contact details for transfer.
Clarify who may access the property for alarm maintenance or testing, notice requirements for entry, and responsibility for repairs or replacement of faulty equipment.
Document any service credits, prorated refunds, assumption of balance owed, or seller-paid termination fees to prevent post-closing disputes over charges.
Require code changes at transfer and identify who performs them and when.
Allow buyer/tenant to inspect and test the system before occupancy.
Allocate responsibility for municipal fines resulting from false alarms.
Define indemnification obligations related to alarm failures or unauthorized access.
Attach monitoring contract or recent invoice as an exhibit to confirm terms.
State notice requirements and any applicable termination fees.
Specify transfer or cancellation date in MM/DD/YYYY format.
Schedule testing no later than a specified number of days before closing.
Note the date seller stops being billed or is responsible for prorated charges.
Set a deadline for code changes to minimize access risk.
Define notice periods for maintenance or access in days.
Prepare and attach the addendum during contract negotiations.
Seller contacts monitoring company to request account details and transfer options.
Conduct system test and document results prior to closing.
Obtain vendor confirmation that monitoring has been transferred or canceled.
Collect all parties' signatures on the addendum prior to closing.
Verify whether notarization is required for your state or contract.
Confirm if a witness is needed under state law or lease terms.
Ensure electronic signature compliance with ESIGN and state laws.
If used, confirm state RON rules and record retention.
File any required documents with title company or property manager.
Distribute executed copies to vendor and all parties.
Keep signed addendum and related confirmations on file.
| Document Type | Alarm Addendum | Monitoring Contract |
|---|---|---|
| Primary Purpose | specify system terms | service agreement |
| Signed By | buyer/seller | customer only |
| Transfer Terms | included | often prohibited |
| Billing Detail | prorated noted | full service terms |
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | Yes, 7-day trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | Yes |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |
A seller disclosed an active monitoring contract
A tenant assumed a leased alarm system