When must the Addendum for property located seaward of the gulf intracoastal waterway be used?

The Addendum for property located seaward of the Gulf Intracoastal Waterway is specifically designed to address the unique considerations and restrictions associated with coastal properties. The requirement to use this addendum arises primarily from the necessity to disclose important information regarding coastal regulations and environmental protection.

In this context, its use is mandated to disclose that structures must not be erected seaward of the vegetation line. This is crucial because coastal areas are subject to specific zoning laws and environmental regulations aimed at preserving natural landscapes and reducing the risk of damage from storms and erosion. By informing potential buyers that construction is restricted in certain areas, the addendum ensures that they are aware of these limitations before proceeding with a transaction.

Employing this addendum promotes transparency and helps protect both buyer interests and regulatory compliance, reinforcing the importance of conforming to local laws and environmental guidelines when dealing with properties located near coastlines.