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Addendums to real estate purchase contracts allow any changes to the original agreement to be legally binding. An amendment changes the terms of the actual contract while an addendum keeps all the original contract terms in place and adds additional ones.In some cases, you are adding conditions to the contract. An addendum is an attachment to a contract that modifies the terms of the original contract. Regarding Contract of Sale between Buyer. On the face of it, the two words can seem interchangeable – especially to home buyers and sellers with limited contract experience. When completed with the terms and other information relative to the buyer's attempt to purchase the property, it is an offer. The affirmative, the terms of the attached subject to sale of Buyer's property addendum apply. 3. Addendum No. to the Contract with the Effective Date of between (Seller) and (Buyer) concerning the property described as: (the "Contract").
