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2.4.1THE CITY OF Greg Kusch Community Development Managerial: TO: FROM: SUBJECT:August 12, 2021, City Council Community Development Dept. Greg Kusch Extend Purchase Agreement with United PropertiesOWATONNA
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01
Gather all necessary information and documents related to the original purchase agreement.
02
Review the terms and conditions of the original purchase agreement to understand the extend clause.
03
Contact the other party involved in the original purchase agreement to discuss the possibility of extending the agreement.
04
Negotiate any changes or modifications to the agreement terms if necessary.
05
Prepare the extend purchase agreement document with all the updated information and terms.
06
Have both parties review and sign the extend purchase agreement.
07
Keep a copy of the extend purchase agreement for your records.

Who needs extend purchase agreement with?

01
Anyone who wants to extend the terms of a previous purchase agreement.
02
Buyers or sellers who wish to continue a business transaction past the original agreement's expiration date.
03
Individuals or companies involved in real estate, business partnerships, or other contractual agreements.
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Extend purchase agreement is with a supplier or vendor to continue a purchasing contract beyond its original end date.
The purchasing department or procurement team of a company is required to file extend purchase agreement with the supplier or vendor.
To fill out an extend purchase agreement, the purchasing department needs to review the terms of the original contract, negotiate any changes with the supplier, and update the agreement with the new end date and any revised terms.
The purpose of extend purchase agreement is to maintain a relationship with a supplier or vendor and ensure a continued supply of goods or services.
The extend purchase agreement should include details about the original contract, any changes to the terms, the new end date, and signatures from both parties.
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