Contracts
In Maine real estate, an 'addendum' differs from an 'amendment' in that:
AAn addendum is oral; an amendment is written
BAn addendum adds to the original contract; an amendment modifies existing terms✓ Correct
CAn addendum is for buyers only; an amendment is for sellers
DThere is no legal difference between the two
Explanation
An addendum adds new terms or conditions to an existing contract, while an amendment modifies or changes already agreed-upon terms. Both must be in writing and signed by all parties.
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