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ADDENDUM TO SALES CONTRACT SIMULTANEOUS CLOSING (DEVELOPER) This Addendum is to the Sales Contract (Contract) entered into between: (SELLER) and (BUYER), relating to the following described real property
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How to fill out addendum to sales contract

How to fill out addendum to sales contract:
01
Gather all relevant information: Before starting to fill out the addendum, gather all the necessary information related to the sales contract. This may include the names of the parties involved, the date of the original contract, and specific details about the modification or addition being made.
02
Clearly identify the original contract: Begin the addendum by clearly identifying the original sales contract that the addendum is being attached to. Include the title or heading of the original contract, its date, and any other identifying information that will help establish the connection.
03
State the purpose of the addendum: In a concise and clear manner, state the purpose of the addendum. Explain what changes or additions are being made to the original contract. This can include modifying terms, adding new clauses, or updating any relevant information.
04
Provide a detailed description of modifications/additions: Clearly outline and describe any modifications or additions being made to the original sales contract. Be specific and use precise language to avoid any ambiguity or misunderstandings. Include details such as new terms, revised pricing, additional responsibilities, or any other relevant changes.
05
Get all parties to sign: Once the addendum is filled out, it is important to obtain the signatures of all parties involved. This typically includes the buyer, the seller, and any other relevant individuals or representatives. By obtaining signatures, it ensures that all parties acknowledge and agree to the changes being made.
Who needs an addendum to a sales contract?
01
Buyers and sellers seeking to modify terms: If the buyer and seller of a sales contract want to modify specific terms of the original agreement, they would need an addendum. This allows them to make changes to the contract without having to create an entirely new agreement.
02
Parties adding supplementary information: In some cases, parties may need to add supplementary information to a sales contract. This could be for additional products or services being included in the sale, updated delivery dates, or any other relevant details that were not specified in the original contract.
03
Parties resolving disputes or misunderstandings: If disputes or misunderstandings arise between the buyer and seller regarding the terms of the sales contract, an addendum can be used to clarify or resolve those issues. By modifying or adding terms through an addendum, both parties can reach a mutual understanding and prevent further conflicts.
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What is addendum to sales contract?
An addendum to a sales contract is a document that is added to the original contract to make additional terms and conditions.
Who is required to file addendum to sales contract?
Any party involved in the sales contract may propose an addendum, but it must be agreed upon and signed by all parties involved.
How to fill out addendum to sales contract?
To fill out an addendum to a sales contract, you should clearly state the additional terms or changes being made, and make sure all parties involved agree to and sign the document.
What is the purpose of addendum to sales contract?
The purpose of an addendum to a sales contract is to modify or add to the terms of the original contract without having to create a whole new contract.
What information must be reported on addendum to sales contract?
The addendum should clearly state the changes or additions being made to the original contract, as well as the date and signatures of all parties involved.
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