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A contract amendment is a document that modifies an existing contract to improve, fix, or clarify anything in the original document. In other words, an amendment changes the current terms and conditions of an agreement by replacing a portion of it.

You can use a contract amendment letter to list the changes to the original document and have both parties sign. You can create a contract amendment created from a template or from a legal services provider. You can add amendment pages?digital or print?to the end of the original signed contract.

What is an Amendment To Purchase Agreement? An amendment to purchase agreement is a legal document that outlines a significant change or multiple changes to an original purchase agreement.

Always put a contract amendment in writing and make sure both parties sign and date it. Reference the title of the contract, if applicable; its original parties; and original signing date, so that it is clear what document you are amending. Attach the amendment to the original contract.

Example of an Addendum Real estate transactions will use addendums to modify an original lease or purchase agreement. Usually, an addendum is attached to the signed lease or purchase agreement and describes financing terms and property inspection requirements.

How to create a contract amendment Pinpoint what you want to change or add. Look at your contract and write down the parts you need to change. ... Date and title the new amendment. Next, add the current date and the title and date of the original agreement to the document. ... Draft and describe the changes. ... Finalize the changes.