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The full name of the Party or Entity selling the concerned property through the original agreement should be established in this addendum. This Addendum made on this.To a Residential Sales Contract. An addendum to real estate purchase contract is an addition to a real estate agreement that outlines modifications or additions to the original contract. This addendum gives the buyer some leeway in settling their old property and financing their new one. An addendum to a real estate purchase is a legal form that documents changes to the original purchase contract. In real estate, an addendum adds additional information to a contract, while an amendment changes specific terms of an existing contract. A real estate addendum modifies an original lease or purchase agreement. In real estate, a contract addendum is an attachment to the original agreement that details additional terms that were not outlined in the original contract. An addendum is an additional document that gets added to the purchase and sale agreement.