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ADDENDUM TO REAL ESTATE PURCHASE CONTRACT

This document is for informational purposes only and does not constitute an indication of interest to enter into, discuss
or negotiate, any type of transaction or to purchase or sell any property.

This Addendum is to the contract attached hereto between __________________________ Church, as Buyer
for 123456 Main Street, Anytown, Ohio, and the undersigned Seller.

1. TERMS: It is intended that this transaction be structured so that the Seller will qualify under the rules of the
Internal Revenue Code for a tax deductible Bargain Sale to______________________________ Church (“Buyer”), an
Ohio not-for-profit corporation qualified as a 501(c)(3) charitable organization.

2. VALUATION: The Buyer acknowledges that the Seller has listed the property for sale at $___________________.
If the Seller obtains an independent qualified appraisal validating the value for the subject property, the Seller may
claim a charitable tax deduction for the amount by which such appraised value is in excess of the net purchase price to
be paid to Seller by the Buyer, The Buyer shall pay to Seller $___________________, which is the net purchase price.
Seller intends to make a charitable contribution to the Buyer pursuant to the Internal Revenue Code for the amount by
which the fair market value of the Property exceeds the net purchase price.

3. DUE DILIGENCE: During the Due Diligence Period, through sixty (90) days after the date of acceptance of this
contract, Buyer shall have the right, personally or through its authorized agents or representatives to enter upon the
Property and at its sole cost, to conduct such tests, appraisals, environmental studies, inspections, surveys, and
otherwise investigate the Property to determine if the Property is suitable for the purposes of Buyer. The Seller agrees,
within ten (10) days of its acceptance, to deliver to Purchaser all available maps, surveys, drawings, borings and other
data in its possession pertinent to the Property and all contracts, agreements, commitments, permits and approvals
pertaining to the Property, including, but not limited to, leases, copies of all soils, wetlands and environmental reports
and studies with regard to the Property. If Buyer shall, for any reason in Buyer’s sole discretion, disapprove or shall be
dissatisfied with any aspect of the Property or any part thereof, then Buyer shall be entitled to exercise its right to not
close, whereupon this Agreement shall automatically terminate and expire at such time and Buyer and the Seller shall
have no further obligations or liabilities to each other hereunder.

4. MISCELLANEOUS: Seller is responsible for establishing, for federal tax purposes, the amount of the charitable
contribution associated with Seller's sale of the Property to Buyer. The fair market value of the Property must be
established and substantiated by an "independent qualified appraisal" (as defined under IRS regulations) prepared for
Seller at its expense. Seller has obtained (or will obtain before closing) and rely solely upon the advice of Seller's own
tax professionals regarding (i) the availability of a tax deduction in connection with the proposed transaction and (ii)
the requirements for appraisals and other documentation to substantiate the value of the contribution. In the event of
any conflict between the terms of this addendum and the contract, this addendum will supersede. Seller acknowledges
that the Buyer and Broker are not providing tax and/or legal advice in connection with this transaction. It is
recommended that all parties be represented by legal counsel.

Buyer: _______________________________ Church

By:__________________________________ Date:________________

Seller:

By:__________________________________ Date:________________

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