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Completing the AmendmentIntroductory paragraph. Type your name or the name of your company and the other side's name (an individual or a company).Describe the amendment(s).The concluding paragraph.Proofread and sign your amendment.Managing Amendments.

As a contract exists as a legally binding agreement between interested parties, it can be legally modified after being signed.This will contain the changes to the contract and will be sent out using a new envelope and a new contract. This is the only way to change a contract after it has been signed: make a new one.

It is not illegal to alter a contract once it has been signed. However, it must be materially changed, meaning that if an important part of the contract is altered by the change, it must be made by mutual consent of both parties.

You can handwrite minor modifications to a contract onto the document. Clearly write the changes, and sign your initials next to each change, before signing the entire document. If the other party agrees to the changes, the other party will also initial the changes and sign the document.

The parties to a completed and binding contract are free to change the terms of the contract. Changes to a preexisting contract are called contract modifications. If the parties agree to modify the contract, the modification will be enforceable in a court of law.

There is no specific time for changing the whole or part of your contract. As long as both parties are in agreement, the process can take off. In the case of minor modifications, the parties can handwrite them and include them in the original document. They can sign or include after handwriting the changes.

A contract amendment allows the parties to make a mutually agreed-upon change to an existing contract. An amendment can add to an existing contract, delete from it, or change parts of it. The original contract remains in place, only with some terms altered by way of the amendment.