An addendum is a thing to be added; an addition. For example, it may be used to add supplemental terms or conditions to a contract or make corrections or supply omissions to a document. An addendum is often used to supply additional terms to standardized contracts, such as leases. Addendum is singular; the plural form is addenda.
Addenda Definition In Law
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How to fill out Addendum To Contract For Sale And Purchase Of Real Property?
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Addenda are legal documents that are sometimes necessary for an agreement or lease. An addendum is a document signed by the parties involved in the original agreement to change or clarify some aspect of the agreement.
By referencing the original agreement, you specify that the new document is an addition to the previous contract. As a result, the reference should include the title and a clear indication of the initial contract's specifics. Involving Parties: While writing the addendum, ensure all parties involved are included.
An introduction stating that the purpose of the addendum is to amend or modify the original contract. For example, ?This Addendum amends the Agreement dated [DATE] between [PARTY 1 NAME] and [PARTY 2 NAME].? Clear and specific language outlining the changes, clarifications or additions being made.
How to write an addendum to a contract Consider and mirror the language of the original contract. Choose an addendum title. Make clear the parties involved. Clarify the part of the original contract the addendum refers to. Ensure compliance with the original contract and all other relevant regulations.