Addendum Required With Example
Description
How to fill out Addendum For New Home Insulation Disclosure - Required By Federal Trade Commission?
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FAQ
Key Elements of an Addendum A proper addendum should include: A clear identification of the original contract and parties. This includes the date of the agreement and names of the parties involved. An introduction stating that the purpose of the addendum is to amend or modify the original contract.
An addendum is something added to a previously existing written document ? usually a contract. Typically, it is either a more detailed explanation of something already noted in a contract or a proposed change to the contract.
An addendum may include any written item added to an existing piece of writing. The addition often applies to supplemental documentation that changes the initial agreement that forms the original contract.
Writing a Contract Addendum Name the parties to the contract. Indicate the addendum's effective date, using the same date format used in the original contract. Indicate the elements of the original contract that the addendum intends to change. Concisely but clearly describe the desired changes.
Make sure the title of the new document makes clear that it is an addendum with reference to the original contract's name and date. Include the date the addendum is being added. Name all parties that the addendum is in reference to and the date when the new changes will take effect.
