Iowa Addendum to Contract for Sale and Purchase of Real Property

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Multi-State
Control #:
US-03209BG
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Word; 
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Description

An addendum is a thing to be added; an addition. For example, it may be used to add supplemental terms or conditions to a contract or make corrections or supply omissions to a document. An addendum is often used to supply additional terms to standardized contracts, such as leases. Addendum is singular; the plural form is addenda.

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FAQ

An addendum or appendix, in general, is an addition required to be made to a document by its author subsequent to its printing or publication. It comes from the gerundive addendum, plural addenda, "that which is to be added," from addere ( lit. ''give toward'', compare with memorandum, agenda, corrigenda).

This is a standard form of amending agreement for use where a vendor and purchaser have agreed to modify the agreement of purchase and sale between them for a parcel of commercial real property by adding, changing, or removing sections.

ADDENDUM TO CONTRACT The addendum should be signed by the original buyer and seller AND THE NEW PARTY.

In real estate, a contract addendum is an attachment to the original agreement that details additional terms that were not outlined in the original contract. These terms typically include things like contingencies, financing details, and disclosures about the state of the home.

An addendum is an additional document that gets added to the purchase and sale agreement. The document will include any additional information or requests that the buyer did not put into the original purchase and sale agreement.

A contract addendum is a post-contract attachment that modifies, alters, or totally changes some of the terms of a previously established contract. Typically, this adds something new to a preexisting document. Once all parties named in a contract agree to an addendum, it becomes a part of the new contract.

An addendum is an attachment to a contract that modifies the terms and conditions of the original contract. Addendums are used to efficiently update the terms or conditions of many types of contracts.

An addendum is used to clarify and add things that were not initially part of the original contract or agreement. Think of addendums as additions to the original agreement (for example, adding a deadline where none existed in the original version).

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Iowa Addendum to Contract for Sale and Purchase of Real Property