Addendum Regarding Coronavirus for NJ REALTORS® Contract of Sale
As with all the other Addenda to the New Jersey REALTORS® Standard Form of Real Estate Contract that are provided by the New Jersey REALTORS®, you only should use the Addendum Regarding Coronavirus as part of the sales contract you prepare prior to the buyers and sellers signing. If buyers or sellers express an interest in having a coronavirus addendum after the contract has been signed, you should advise them to consult an attorney to prepare the addendum.
A new addendum regarding coronavirus for seasonal leases has been added to NJ REALTORS® library of forms. This addendum is for members to attach to and make a part of their seasonal lease.
In addition, a new form Sellers' and Buyers' Hold Harmless and Release Regarding COVID-19 has been added to NJ REALTORS® forms library per Governor Murphy's March 30 clarification to Executive Order 107.
