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What is an Addendum?

If a buyer or seller want to change an existing contract, they might add an addendum outlining the specific part of the contract they’d like to adjust and the parameters of that change. The rest of the contract stays the same, regardless of the addendum.


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Kiter Peter
Kiter Peter
Mar 30, 2023

Agreement b/w buyer and seller could be a great memory about property etc.. but changing after making this could be a quite difficult task.

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jerry
jerry
Mar 29, 2023

If a buyer or seller wishes to modify an existing contract, they may do so by adding an addendum that specifies the particular clause(s) they wish to alter and the terms of the modification.


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Peter Bately
Peter Bately
Mar 28, 2023

Clarifications and additions that were not initially included in the original contract or agreement are made using an amendment.

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