An Addendum to a Contract is a legal document that serves to add information that was not included in the main body of the original agreement. In most cases, an Addendum is completed and becomes effective after the main document, being an extension to the original contract. It serves to clarify, change, or nullify a portion of the original document.
When an Addendum template is filled out, you need to reference the original document, name all the parties that signed it, and indicate the clauses and terms the Addendum alters. If you add new information or even entire sections to your agreement, for example, if the landlord allows the tenant to have pets in the house, you may number it with a reference to a section that lists rights and responsibilities of the parties (Section 6), giving it number 6.1.
Below you may find the most popular types of Addendums. Browse the library of forms to find and fill out the one you need:
When changing or adding new information to an agreement, parties may choose between an Amendment and an Addendum . Amending a contract means making changes to the original document, while an Addendum means drafting an additional document as an attachment to the original agreement. An Amendment constitutes a modification since it alters the original document. For example, the parties may change the price for a product or extend the term of the contract.
On the other hand, an Addendum usually covers information that was left out when the agreement was originally signed – for instance, the individual signs a contract to buy an unfurnished house, but then offers the seller to pay an additional amount of money to keep furniture and appliances already in place.
Related Templates and Tags: