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Owner Occupant Addendum

The Owner Occupant Addendum is important and declares that the purchaser will be occupying the property as their primary residence for a minimum of 12 months. It also declares that the purchaser has not purchased another HUD property within the past two years.

Buyers must note that HUD offers a Radon Gas and Mold Notice as well, which discloses that the home has not been tested for radon gas and mold. Both of these conditions may pose serious health effects.

The Owner-Occupant Addendum for HUD homes states that the home buyer will be living in the property.

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