Contracts
An addendum to a real estate contract:
AReplaces the entire original contract
BAdds to or modifies the terms of the original contract✓ Correct
CCancels all contingencies automatically
DIs not legally binding unless notarized
Explanation
An addendum adds to or modifies specific terms of the original contract and, when signed by all parties, becomes part of the binding agreement.
Related Alabama Contracts Questions
- In Alabama, the seller's disclosure of known material defects must occur before:
- In Alabama, a buyer's right to rescind a purchase contract within 3 days applies most commonly to:
- The integration clause in a real estate purchase contract provides that:
- A 'subject to' clause in a purchase contract most commonly refers to the transaction being conditional upon:
- The doctrine of 'caveat emptor' ('let the buyer beware') has been significantly limited in Alabama residential real estate by:
- In Alabama, the parol evidence rule means that:
- In Alabama, which party typically prepares the deed in a residential real estate transaction?
- Under Alabama contract law, an offer to purchase real estate can be revoked by the offeror:
Practice More Alabama Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Alabama Quiz →