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Hide Page in the Amendment Of Agreement

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Aug 6th, 2022

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How to Hide Page in the Amendment Of Agreement

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all right everybodys Brett Thompson Thompson Law Group this is another installment of our video blog the closing ninja classroom okay so today were going to talk about the difference between an addendum and an amendment a lot of you real-estate agents out there call me and you use the word interchangeably as if it meant the same thing and they do not mean the same thing and it doesnt help that a lot of the the forms the contract forms out there that the real estate agents in this area use the form says addendum slash amendment which is not helpful all right so Im trying to be helpful today there is a definitional and legal distinction in between addendum and amendment and it really has to do along with the timeline of when these documents are executed so this is a timeline okay contract so this is a cake for a nice contract and legal terms an addendum all right is incorporated into and its viewed as one in the same of the contract okay so youve got your base contract alright then

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What is the difference between an amendment and an addendum?

An amendment is typically used to change something thats 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.

What is the entire agreement clause in an amendment?

This Agreement states the entire agreement and understanding of the parties relating to the matters contained herein, superseding all prior contracts or agreements, whether oral or written. No amendment of the Agreement shall be made without the express written consent of the parties.

Can you cross out parts of a contract?

Never sign a blank contract Cross out any clause in a contract that does not apply or agree to you. If you sign with these clauses in the contract, you are responsible for them.

How do you format an amendment to a contract?

Always put a contract amendment in writing and make sure both parties sign and date it. Reference the title of the contract, if applicable; its original parties; and original signing date, so that it is clear what document you are amending. Attach the amendment to the original contract.

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