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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.
A Purchase Agreement Addendum, often simply referred to as an "Addendum," is a legal document that is added to an existing purchase agreement to provide additional terms, conditions, or information that was not included in the original contract.
The addendum is essentially a document that outlines any changes or modifications to the original purchase agreement. It is important for both parties to review and agree to any changes so that they are both protected in the event of a dispute.
Addenda are modifications that are added to an existing agreement to add or change a few of its terms or conditions. It does not replace the original contract. It merely adds information that the parties have agreed to after the contract terms have been set.