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.
Real Estate Addendum Example For Research Proposal
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US-03209BG
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How to fill out Addendum To Contract For Sale And Purchase Of Real Property?
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FAQ
How do you write an addendum? Use the same font, format, margins, and style as the original document. ... Title the addendum with a reference to the original document. ... Include an effective date. ... Be specific about what you are correcting or what terms you are appending to the original contract.
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.
The addendum should detail all the terms different from the original purchase agreement: changes, alterations, deletions, and additions the document is making to the original contract. Furthermore, the addendum should reference the specific section or provision number in the contract affected by the change.
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.
Common addendums include contingencies such as home inspections or the sale of the buyer's house, as well as including certain items, like furniture.