Addendum

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An addendum as it pertains to real estate is a document attached to an original real estate contract or purchase agreement at the time it’s prepared.

The addendum, therefore, becomes part of the original contract or purchase agreement. This addendum can be explanatory, informational or indicate other requirements that aren’t already clearly spelled out in the original contract.

Frequently Asked Questions

What is the purpose of an addendum?

The purpose of an addendum is to add an explanation or information to, or indicate other requirements in, a contract.

Where does an addendum go in a document?

An addendum is included as the last page of a document.

What does addendum mean in real estate?

An addendum as it pertains to real estate is a document attached to an original real estate contract or purchase agreement at the time it’s prepared.