TREC No. 11-7
12-05-11
EQUAL HOUSING
OPPORTUNITY
A. The contract to which this Addendum is attached (the Back-Up Contract) is binding upon
execution by the parties, and the earnest money and any Option Fee must be paid as provided in
the Back-Up Contract. The Back-Up Contract is contingent upon the termination of a previous
contract (the First Contract) dated , 20 , for the sale of
Property. Except as provided by this Addendum, neither party is required to perform under the
Back-Up Contract while it is contingent upon the termination of the First Contract.
B. If the First Contract does not terminate on or before , 20 ,
the Back-Up Contract terminates and the earnest money will be refunded to Buyer. Seller must
notify Buyer immediately of the termination of the First Contract. For purposes of performance,
the effective date of the Back-Up Contract changes to the date Buyer receives notice of
termination of the First Contract (Amended Effective Date).
C. An amendment or modification of the First Contract will not terminate the First Contract.
D. If Buyer has the unrestricted right to terminate the Back-Up Contract, the time for giving notice
of termination begins on the effective date of the Back-Up Contract, continues after the Amended
Effective Date and ends upon the expiration of Buyer's unrestricted right to terminate the Back-
Up Contract.
E. For purposes of this Addendum, time is of the essence. Strict compliance with the times for
performance stated herein is required.
Buyer Seller
Buyer Seller
This form has been approved by the Texas Real Estate Commission for use with similarly approved
or promulgated contract forms. Such approval relates to this form only. TREC forms are
intended for use only by trained real estate licensees. No representation is made as to the legal
validity or adequacy of any provision in any specific transactions. It is not suitable for complex
transactions. Texas Real Estate Commission, P.O. Box 12188, Austin, TX 78711-2188, 512-936-
3000 (http://www.trec.texas.gov) TREC No. 11-7. This form replaces TREC No. 11-6.
PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC)
ADDENDUM FOR
"BACK-UP" CONTRACT
TO CONTRACT CONCERNING THE PROPERTY AT
(Address of Property)
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