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Amendment to change closing date

Amendment to Change Closing or Possession Date.pdf 2025

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This document is an amendment to a real estate purchase agreement, specifically modifying the closing and possession dates. It outlines the mutual agreement of the parties involved to change the closing date and specifies conditions regarding possession of the property by the seller after closing. The amendment ensures that all other terms of the original agreement remain unchanged.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the date of the amendment at the top of the form. This is crucial for establishing a timeline.
In the section labeled 'Whereas', fill in the binding agreement date and details of the property being amended. Ensure accuracy for all parties involved.
Next, specify the new closing date in the designated field. You can also indicate if there will be an extension option by checking the appropriate box.
For possession details, select one of the options provided (A, B, or C) regarding when possession will be granted to the seller after closing.
Finally, ensure all parties sign in their respective sections and enter the acceptance date at the bottom of the form to finalize this amendment.

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What is the closing date change addendum?

A closing date extension addendum is an agreement between the buyer and seller of a property to extend the closing date of their purchase agreement. Once executed by all parties, the addendum is attached to the original purchase contract to include the new date on which the ownership will be transferred.

How do you write an addendum to change the closing date?

The language should be clear, concise, and unambiguous. Example 1: The closing date specified in the Purchase Agreement dated [Original Date] for the property located at [Address] is hereby amended. The new closing date shall be [New Date]. All other terms and conditions of the original agreement remain unchanged.

What are some common addendum examples?

For example, the seller of a house may agree after the original sales contract has been written to include certain pieces of furniture for an additional specified sum. Mortgage terms or the closing date for the sale are often amended in real estate transactions, with the change noted in an addendum.

What is the addendum to the closing statement?

The Addendum to Closing Statement clause serves to formally modify or supplement the original closing statement in a transaction, typically real estate or business deals.

How do you write a simple addendum?

How to write an addendum to a contract Mirror the language of the original contract. Choose an addendum title. Specify the parties. Clarify the part of the original contract the addendum refers to. Ensure compliance with the original contract and all other relevant regulations. Add any additional elements.

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Is it possible to change a closing date?

Yes. As long as the purchase agreement is amended to show the updated closing date, and everyone has signed off, you can move the closing date at any time. Whether youre a buyer or a seller, however, dont lock an earlier closing date in until you know for sure that all parties will be ready for it.

How do you write an amendment to a real estate contract?

Follow these simple steps to amend a real estate purchase agreement: Step 1: Identify Parties and Property. Step 2: Reference the Original Agreement. Step 3: Detail the Amendment Terms. Step 4: Preserve Original Agreement Language. Step 5: Collect Necessary Signatures. Step 6: Define Delivery and Acknowledgment.

Amendment to Change Closing or Possession Date.pdf 2025

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What is the closing date change addendum?

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What is the addendum to the closing statement?

How do you write a simple addendum?

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Is it possible to change a closing date?

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