An addition to a completed written document. Most commonly, this involves a proposed change or explanation (such as a list of goods to be included) in a contract, or an issue that has been negotiated after the original contract was proposed by one party. Real property sales agreements often include addenda (the plural of addendum) as the buyer and seller negotiate details such as payment methods, included appliances, transfer date of the title, and financing terms by the seller. Although they are often overlooked, addenda should be signed separately and attached to the original agreement to avoid confusion about what is included or intended. Unsigned addenda could be mistaken for rough drafts, unaccepted proposals, or could even be included fraudulently.
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October 9, 2024
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