10+ Contract Amendment Template

Contract Amendment Template to Legally Amend an Agreement

When there are any changes in an agreement, it’s necessary to document all those alterations in writing. An amendment allows you to adjust specific provisions in a deal without having to revoke the entire initial contract. Using a contract amendment template will save you a lot of time because you do not have to write everything from scratch.

contract amendment template customizable word design template

contract amendment template customizable word design template

 

What is a Contract Amendment?

It is a separate document that is written to modify the terms of an original contract by incorporating, eliminating, or adjusting the benefits or responsibilities that are provided under that original agreement. All parties involved in the agreement shall usually agree to this amendment.

contract amendment template example word design

contract amendment template example word design

 

What are the Difference between an Amendment and an Addendum?

A contract amendment is used to change some specific points that have been a part of the initial agreement—while an addendum is written to clarify additional information that has not been listed in the original contract.

contract amendment template free download word

contract amendment template free download word

 

What Should Be Included in an Amendment?

  • The title or name of the previous contract
  • The effective date of the original agreement
  • If the deal was already amended and still requires an amendment, include the dates of any prior amendments.
  • The names of all the parties involved in the contract
  • Consideration for the contract amendment
  • Any modifications made to the previous agreement and it should be written as detailed as possible.
  • A clear statement that shows that all the parties involved agree to the amendment
  • The signatures of all the parties

contract amendment template free word template

contract amendment template free word template

 

How Do You Write an Amendment to a Contract?

  • Review the original contract and identify what the agreement says about an amendment.
  • Gather the parties involved in the agreement to discuss the amendment you propose. Each party should generally agree with the amendment.
  • Include “Agreement to Amend the Contract” right at the top of the relevant page. Also, include the names as well as the titles of each of the parties.
  • If you take reference from a contract amendment template, you will see that you need to write one or two clear statements that each party agrees to amend the agreement. Also, be sure to note the number or point of any revised section.
  • Have all the parties involved sign as well as the date of the revisions.

contract amendment template in word design

contract amendment template in word design

 

How Do You Write a Contract Addendum to a Real Estate Contract?

Both seller and the buyer should have a copy of the initial purchase contract. They must check the effective date of the agreement to clarify the provision in the contract addendum.

contract amendment template in word free download

contract amendment template in word free download

 

Then, draft the addendum by writing the effective date of the contract, the buyer’s and seller’s name, the address of the property, and any alterations to the previous contract. The addendum should be signed by both parties.

Next, attach the addendum to the purchase contract as though it was composed in the initial agreement.

contract amendment template in word

contract amendment template in word

 

While an amendment is relatively easy to write, it would be best to use a contract amendment template. It will give you simple guidelines on how to draft a modification document in a proper and professional way.

contract amendment template template for word

contract amendment template template for word

 

contract amendment template template free word

contract amendment template template free word

 

contract amendment template word template free

contract amendment template word template free