Illinois Addendum - Name Change
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FAQ
Only amendments effecting the name change of a domestic limited liability company can be filed online. Articles of Amendment seeking to make any other change must be filed by using LLC-5.25.
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.
OBTAIN APPROPRIATE AUTHORIZATION AND FILE. INFORM INTERNAL REVENUE SERVICE OF NAME CHANGE. INFORM ILLINOIS DEPARTMENT OF REVENUE OF NAME. INFORM ILLINOIS DEPARTMENT OF EMPLOYMENT. INFORM LOCAL BUSINESS LICENSE ISSUING AGENCIES. MISCELLANEOUS.
Use a style and format consistent with the original contract. Create a title clearly identifying the relationship with the original contract. State the contract parties. Note the effective date of the addendum. Identify the related terms and contract sections.
An example of an addendum being used would be if the parties wanted to add something to the original document. For instance, an individual who is purchasing a house may not want to purchase all of the furniture that is being left behind. However, after thinking about it further, he changes his mind.
Only amendments effecting the name change of a domestic limited liability company can be filed online. Articles of Amendment seeking to make any other change must be filed by using LLC-5.25.
Step 1 Get the Original Purchase Agreement. The buyer and seller should get a copy of the original purchase agreement. Step 2 Write the Addendum. Complete a blank addendum (Adobe PDF, Microsoft Word (. Step 3 Parties Agree and Sign. Step 4 Add to the Purchase Agreement.
An addendum is an additional document that gets added to the purchase and sale agreement. The document will include any additional information or requests that the buyer did not put into the original purchase and sale agreement.An addendum makes the contract more streamlined and easier to read.
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.
