Real estate purchase agreements or contracts become a binding document once the terms are accepted by both parties. Should there be a need to change any facet of the agreed-to terms, an amendment is then prepared. This refers to a modification made to an existing contract that is mutually agreed to by all parties.
Amendment
Real estate purchase agreements or contracts become a binding document once the terms are accepted by both parties. Should there be a need to change any facet of the agreed-to terms, an amendment is then prepared. This refers to a modification made to an existing contract that is mutually agreed to by all parties.
