Contracts
An 'addendum' to an Oregon purchase contract is:
AA document that cancels the original contract
BA document that adds to, modifies, or clarifies terms of the original contract✓ Correct
CA separate agreement between the parties unrelated to the original contract
DA government-required attachment to all real estate contracts
Explanation
An addendum is a written document attached to and incorporated into a contract that adds, modifies, or clarifies terms. Common addenda include financing addenda, inspection response addenda, and personal property inclusion/exclusion addenda.
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