Modifying/Changing a Contract: Blank Addendum to Contract
I'd like share a little more info about the Blank Addendum to Contract. It is the form that is used to add language
to a contract. Buyers and sellers can agree to any language they choose, but we
are real estate agents, not attorneys, so please use caution.
https://www.floridarealtors.org/news-media/news-articles/2021/09/adding-and-modifying-language-contracts
Use
of addenda
If an executed contract
has inconsistencies between pre-printed provisions and an addendum,
handwritten and typed terms will generally prevail over pre-printed terms that
are in direct conflict.
USE CAUTION: Buyers and Sellers can agree to any
language they choose, but we are not attorneys.
REALTORS should use extreme caution, many terms have requirements of
varying degrees and attorneys are better able to draft language to sufficiently
address the issue and avoid problems later.
How
to find the blank addendum in Dotloop:
- Go to
your Mid Transaction Docs folder
- Click add document (to the right of the folder name)
- Click templates
- Scroll
the down the list of folders on the left to Common Addenda
- Click Common Addenda
- Form is named: Addendum to Contract (FAR ACSP-4)
- Click
the checkbox next to the file name
- Click
copy
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