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In this segment, the speaker discusses contract amendments, emphasizing that modifications can be made during the option period. The template for an amendment form, unchanged since November 2, 2015, is highlighted, specifically referencing key paragraphs relevant to the one-to-four family contract. To amend a contract, it’s important to include these forms, typically modifying sections by checking options from 1 to 8. While other changes can be made, consulting with a broker is recommended before proceeding. The majority of amendments are expected to occur during the option period, allowing flexibility in the contract process.