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The discussion focuses on amendments to contracts, emphasizing that changes can be made, particularly during the option period when parties can back out or alter terms. The speaker highlights the importance of understanding the amendment form, which has not significantly changed since November 2, 2015, and notes that it references specific paragraphs from the one to four family contract. When sending an amendment, it’s crucial to include these details, and while modifications are possible, consulting a broker is advised before making changes. Typically, you'll be checking one of the provided boxes (1-8) to indicate the type of amendment needed, allowing for flexibility within the contract terms.