CHANGE IN TERMS ADDENDUM TO AGREEMENT OF SALE CTA - parealtor 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling in the property details at the top of the form, including the property address, seller's name, and buyer's name.
  3. Update the date of the original agreement in the designated field.
  4. In Section 1, adjust the purchase price as needed by entering the new amount in both fields provided.
  5. For Section 2, specify any changes to seller assist amounts or percentages towards buyer costs.
  6. Complete Section 3 by indicating acceptance dates and settlement dates for all parties involved.
  7. In Section 4, list any fixtures and personal property included, leased, or excluded from the sale.
  8. Modify mortgage terms in Section 5 by updating lender names and mortgage amounts as necessary.
  9. Adjust time period contingencies in Section 6 according to your agreement specifics.
  10. Finally, review all entries for accuracy before signing at the bottom of the form.

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Yes. You and your real estate professional can mutually agree to change your agreement.
If consent among all parties has not occurred, then it is illegal to alter a signed contract. Most of the time, however, a contract will include how to change, extend, or terminate itself as standard practice.
While modifications to the contract are possible, they should only be made with the agreement of both parties and with the guidance of a qualified real estate attorney.
Addendums can override parts of the original contract and expand on others. Instead of scratching out and handwriting over certain parts of the contract, addendums are drafted and signed to prove both buyer and seller agree. This includes: Modifying the purchase price, closing date, and financing terms.
A contract addendum is a post-contract attachment that modifies, alters, or changes some of the terms of a previously established contract. Typically, this adds something new to a preexisting document. Once all parties in a contract agree to an addendum, it becomes a part of the new contract.

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Addendums to purchase and sale agreements are often changes to closing dates, inspection periods, or pricing. These addendums must obtain agreement from both parties to go into effect and modify the original contract.

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