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Purchase Agreement Addendum

This Purchase Agreement Addendum is executed on this ____ day of __________, 20____, and is intended to supplement and amend the Purchase Agreement dated __________ between __________ (the "Buyer") and __________ (the "Seller"). This addendum is governed by the laws of the State of __________.

1. Property Description:

The property subject to this addendum is described as follows:

  • Address: ____________________________
  • Legal Description: ____________________________

2. Amendments to Purchase Agreement:

The following terms of the Purchase Agreement are amended as follows:

  1. Purchase Price: ____________________
  2. Closing Date: ______________________
  3. Contingencies: ______________________

3. Additional Provisions:

Any additional terms agreed upon by both parties:

  • ____________________________________________________
  • ____________________________________________________

4. Acknowledgment:

Both Buyer and Seller affirm their agreement to the modifications specified in this Addendum. This document shall be considered part of the original Purchase Agreement.

Buyer Signature: _______________________________ Date: ______________

Seller Signature: ______________________________ Date: ______________

This Purchase Agreement Addendum is executed as of the date first written above.

⇓ Purchase Agreement Addendum PDF

Popular Purchase Agreement Addendum Templates:

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In addition to the essential details outlined in the Louisiana Trailer Bill of Sale form, it is also advisable to include a reliable source for additional guidance, such as the Motor Vehicle Bill of Sale, which can help ensure all aspects of the transaction are covered comprehensively.

Similar forms

The Purchase Agreement Addendum form is a useful document in real estate transactions, but it shares similarities with several other important documents. Here’s a look at eight documents that are comparable to the Purchase Agreement Addendum, along with explanations of how they relate:

  • Purchase Agreement: This is the primary contract between buyer and seller, outlining the terms of the sale. The addendum modifies or adds to these terms, making it an essential companion document.
  • Counteroffer: When one party proposes changes to the original offer, a counteroffer is created. Like an addendum, it adjusts the terms of the agreement but is typically used before the agreement is finalized.
  • Disclosure Statement: This document informs buyers about the condition of the property. While it doesn't change the terms, it can influence the need for an addendum based on the information disclosed.
  • Inspection Report: After a property inspection, findings may lead to requests for repairs or price adjustments. An addendum can formalize these requests, similar to how an inspection report provides critical information.
  • Lease Agreement: In cases where a property is rented before sale, a lease agreement outlines terms for tenants. An addendum may be needed to address specific rental conditions or terms that affect the sale.
  • Room Rental Agreement: For those looking to rent in California, our detailed Room Rental Agreement information is essential to ensure clarity and compliance.
  • Financing Addendum: This document specifies the terms of financing for the purchase. It can work alongside the Purchase Agreement Addendum to clarify financial obligations and contingencies.
  • Contingency Clause: Often included in purchase agreements, this clause outlines conditions that must be met for the sale to proceed. An addendum may be used to modify these conditions, providing clarity and updates.
  • Closing Statement: This document summarizes the financial transactions at closing. An addendum may be necessary if any terms change before the closing, ensuring that all parties are on the same page.