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 ?
For his part, Addenda COO of Addenda Karim Davis Dib, said, "Our relationship with the DIFC provided a pathway to securing overall support from the region's financial institutions.
Among other concepts, Addenda is also working on automating motor subrogation and life insurance settlements.
Autopsy cases accounted for 135 addenda that were appropriately reported to primarily include details of neuropathologic examination (70.9%), reporting of an external consultation (8.7%), and reporting of molecular studies (6.8%).
The price of J01208 includes an automatic subscription to addenda that will be issued up to the next edition of the standard.
(Note: These are proposed addenda that are subject to public comment and subsequent changes and adjustments.)
Table of Addenda 62.1a General cleanup of 62.1-2004, adding clarity and removing errors and inconsistencies.
Each new edition contained any errata, as well as all new addenda processed through the continuous maintenance process.
The price of A09607 includes an automatic 3-year subscription to the addenda, including interpretations, which will be issued up to the next edition of the code, which is scheduled for publication in 2010.
Unless otherwise advised via addenda, this tender will close on Thursday 3rd May at 5:00pm (QLD Time).
ASHRAE standards are updated by the cognizant committee through an established process of issuing addenda for public review, receiving comments, responding to commenters, and reaching consensus.
ASME PCC-2-2006 will not include an addenda or an interpretations subscription service.
ASME B31.1b-2006, Addenda to ASME B31.1-2004, Power Piping.