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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.

While initials can be used to acknowledge changes or amendments, one of the most binding and important aspects of your document is the signature page. While initials may help to show that you agreed to a small change in a document, they aren't necessarily what will hold you or the other party to the terms.

Can I amend a contract after signing? Yes, a contract can be amended after signing if all the parties involved in a contract agree to do so.

An amendment is typically used to change something that's part of an original contract. Think of amendments as modifications to the earliest agreement (for example, altering an agreed-upon deadline). An addendum is used to clarify and add things that were not initially part of the original contract or agreement.

According to Merriam-Webster law dictionary, the terms initials means: ?to authenticate or give preliminary approval to by affixing the initials of an authorizing representative? (Merriam Webster Law dictionary)

Clearly write the changes, and sign your initials next to each change, before signing the entire document. If the other party agrees to the changes, the other party will also initial the changes and sign the document.

You can change the terms of the contract before the parties sign it and it will be considered part of the initial contract. You can also make simple changes like correcting typos just before the contract is signed. Just make the change in pen and be sure that each party initials it.

While initials can be used to acknowledge changes or amendments, one of the most binding and important aspects of your document is the signature page. While initials may help to show that you agreed to a small change in a document, they aren't necessarily what will hold you or the other party to the terms.

5 Ways to Make Comments or Request for Changes in a Contract During Negotiations Bulleted list your requested changes in an email.Put your comments in the document.Revise the contract yourself in tracked changes.Revise the contract yourself and send along a redline or blackline.Mark it up by hand.

An amendment is typically used to change something that's part of an original contract. Think of amendments as modifications to the earliest agreement (for example, altering an agreed-upon deadline). An addendum is used to clarify and add things that were not initially part of the original contract or agreement.