An addendum is an addition to an existing document that provides additional information or corrections. It may be used to modify or update a contract, policy, or other document. It is typically added as a supplement to the main document to clarify details, make changes, or add new information. There are several types of addendum, including purchase addendum, loan addendum, lease addendum, and amendment addendum. A purchase addendum is used to provide additional information or terms to an existing purchase agreement. A loan addendum is used to provide additional information or terms to an existing loan agreement. A lease addendum is used to provide additional information or terms to an existing lease agreement. An amendment addendum is used to make changes to an existing contract or other document.
Addendum
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FAQ
Addenda is the plural form of addendum. If you have more than one addendum, use addenda, not addendums.
When adding specific terms or conditions while maintaining the original contract validity, you need to create an addendum. However, making some types of changes doesn't require an addendum. These include cases in which a party has agreed to waive a contract breach by the other party.
An addendum is an addition to a finished document, such as a contract. The most common addendum is an attachment or exhibit at the end of such a document. For example, a contract to manufacture widgets may have an addendum listing the specifications for said widgets.
Synonyms for addendum On this page you'll find 36 synonyms, antonyms, and words related to addendum, such as: appendix, postscript, addition, adjunct, appendage, and attachment.
In addition, the contract addendum is legally binding. Contract addendums act as post-contract attachments, which allow you to alter or modify any previous terms on an existing contract. It means that adding something new to a preexisting contract is possible.
An addendum is an addition to a finished document, such as a contract. The most common addendum is an attachment or exhibit at the end of such a document.
An addendum is used to clarify and add things that were not initially part of the original contract or agreement. Think of addendums as additions to the original agreement (for example, adding a deadline where none existed in the original version).
An addendum is a document that is attached to an existing contract without changing the original language. Both parties must sign the addendum document to be legally binding. Additionally, a statement saying ?This document is void without Addendum A? (B, C, etc.) should be attached to the original contract.
