Contracts
What is an 'addendum' to a Pennsylvania real estate contract and when is it used?
AA document replacing the original contract with updated terms
BA document modifying or supplementing the original Agreement of Sale, added simultaneously or at the same time as the contract✓ Correct
CA court order amending a real estate contract after a dispute
DA PREC-required form listing all disclosures separate from the main contract
Explanation
An addendum is a document that is part of the original Agreement of Sale, added at the time the contract is executed (not after). Common Pennsylvania addenda include: home inspection addendum, lead-based paint disclosure, seller's disclosure statement, and special terms addenda.
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