addendum

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Addendum

A document used to amend or make further specifications to a contract. For example, an addendum may change a payment schedule or, if the contract itself did not do so, specify the amount of the payments. Lawyers often have standardized addendum forms in case parties to a contract wish to make changes.

addendum

Something added as an attachment to a form contract, before contract execution; generally used to cover the particular circumstances of that transaction. Real estate contracts may have addenda (plural of addendum) to cover requirements relative to financing contingencies, property inspections, disclosure of the possible presence of lead-based paint in structures built before 1978, and other variables. Especially for properties with lengthy legal descriptions, an addendum will generally be used for the legal description of the property, rather than squeezing it into the small space available on the form. Contrast with amendment, which is an attachment added after contract execution in order to modify or expand upon the original contract.

References in periodicals archive ?
Charles Leblanc, Vice President, Operations and IT at Addenda, added, "Coric will allow us to optimize our client reporting process and significantly reduce production times, thereby enhancing client service and improving client experience.
The HIPAA Addenda table data consist of a set of comma-delimited files and one structured file - free-form text - all derived from the central database that produces the implementation guides.
These Addenda, recommended by leading health care and insurance experts in ASC X12, complements and simplifies the implementation process for users of the May 2000 Implementation Guides," said Gary Beatty, ASC X12 Insurance Subcommittee Chair.
With DigitalPaper's automatic change notification and activity reporting features, Ohio DOT can monitor which plan holders have not viewed recent addenda and contact them directly.
Topics of discussion include leasing forms and addenda, agency agreements, and purchasing forms and addenda.
The Addenda RS-4/L (Rosetta Stone RS-422 to Control-L) interface has a suggested list price of $148.
The Issuing Office Will Notify All Contractors Of Any Changes, Additions Or Deletions To The Specifications By Addenda Posted On The Office Of Purchasing Web Site (www.
Addenda: All Addenda issued prior to bid date adjust, modify, or change the drawings and specifications as set forth in the Addenda.
RFP documents associated addenda and Bidders List are available at no charge at the Builders Exchange, Inc.