Real Estate Term of the Day: Amendment

Real Estate Term of the Day: Amendment

AMENDMENT – a change, correction, or extension of an agreement that does not modify the basic thrust of the agreement (Barron’s Dictionary of Real Estate Terms)

The two most typical items that we will use an amendment document is to change contract dates (purchase contract) or price (listing contract). For examples of Colorado Seller Real Estate Contracts and Buyer Real Estate Contracts.


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