Parties
List buyer(s), seller(s), and agent(s) by full legal name exactly as in the purchase agreement.
Using a Real Estate Buyer Fee Addendum makes fee allocation explicit, reduces ambiguity about closing costs, and documents buyer acceptance of non-standard charges in writing, which helps prevent contractual disputes and contributes to a smoother closing process under applicable real property and contract law.
Common participants include listing agents, buyer agents, title officers, escrow officers, and buyers who are agreeing to pay specific additional fees not covered in the base purchase agreement.
List buyer(s), seller(s), and agent(s) by full legal name exactly as in the purchase agreement.
Itemize each fee with a short description, dollar amount or formula, and whether it is one-time, refundable, or subject to adjustment.
State explicitly who pays each fee (buyer, seller, or shared) and any limits or caps on amounts.
Specify the date the addendum is effective and whether it survives termination of the main agreement.
Describe how the fee will be collected (escrow deduction, separate invoice, or at closing) and deadlines for payment.
Include printed name, signature, title where applicable, and date for all required signatories to confirm consent.
| Field | Configuration |
|---|---|
| Authentication | Email link with optional SMS code or KBA for higher assurance |
| Template Use | Save addendum as a reusable template with pre-placed fields for buyer and seller |
| Bulk Sending | Use bulk send for repeated addenda tied to multiple transactions |
| Audit Trail | Enable full activity logging: timestamps, IP, and signer identification |
Ensure the signing platform supports required authentication, audit trails, and document export formats for record retention.
Provide the addendum when presenting or countering the purchase offer
Allow time for lender review if fees affect loan terms
Submit to escrow at document intake to update settlement figures
Address discrepancies immediately to prevent closing delays
Verify disbursement and ledger entries match the executed addendum
Parties agree on fee amounts and terms during offer or counteroffer stage
All parties sign the addendum to create binding consent
Escrow/title receives the signed addendum to update closing statements
Fees are collected or credited per addendum instructions during settlement