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In this segment, the speaker discusses the process of amending a contract, emphasizing that modifications can be made during the option period. They introduce the amendment form, noting its consistency since November 2, 2015, and highlight its association with the one to four family contract, particularly referencing paragraphs 3, 9, and 12. The speaker explains that any amendment must include one of these forms, and while other modifications are possible, they should be discussed with a broker first. Typically, amendments involve checking one of the boxes numbered 1 through 8, and the process can be initiated at any time, most commonly during the option period.