addendum


Also found in: Dictionary, Thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia.

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 ?
In addition, many departments have additional policies in place to ensure prompt notification of clinicians when amended reports are issued, but such policies are generally not applied to addendum reports.
Finally, the Addendum is a proactive movement in regards to the Sensible Accounting to Value Energy Act, or SAVE Act, which may become law in the near future.
Informative Appendix B Summary of Selected Air Quality Guidelines was updated and revised through addendum q.
Addendum IV There is no specific proof that wearing a conventional face mask will in itself prevent catching the SF virus.
Even if the TPS recommendation is approved, most industrial, commercial, and manufacturing processes will not be covered unless an additional addendum is approved.
The addendum, a roughly 100-page document, was filed Friday and put on the agenda Monday, but it wasn't available on the Coliseum's Web site.
The addendum, Kaspersen writes, will "harmonise criminal law with regard to the dissemination of racist and xenophobic material," and it will also expand the mutual assistance and investigative powers provisions of the original cybercrime treaty to cover hate material.
The addendum (see "The COSO Report: A New Addendum Results in GAO Endorsement," JofA, July94, page 18) defines a new internal control category, "internal control over safeguarding of assets against unauthorized acquisition, use or disposition.
Approved applicants receive a copy of the drug-free lease addendum developed by the U.
In order to capture the unique characteristics of each local economy, credit, and housing markets, Fitch will release individual country-specific assumptions though a country addendum piece to be read in conjunction with this criteria report.
4, we enjoyed another opportunity to lead when we introduced the Commercial Green and Energy-Efficient Addendum, a form intended to help appraisers, lenders, investors and others understand the value of energy-efficient features in commercial buildings.
Through hard work the property is now very quiet—the partnership between the management company, the local police department and the voluntary implementation of a Crime Free Lease Addendum program has been a success.