Contracts
An addendum to a purchase contract is used to:
AReplace the original contract entirely
BAdd, modify, or clarify terms while making the addendum part of the contract✓ Correct
CFormally cancel the contract
DRecord the contract in the county clerk's office
Explanation
An addendum modifies or supplements the original contract terms, such as adding an inspection contingency or seller concession. The addendum becomes part of the contract when signed by both parties.
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