Contracts
An addendum to a real estate contract is best described as:
AA document that replaces the original contract
BA written document that adds to or modifies the terms of the original contract✓ Correct
CA verbal agreement between buyer and seller
DThe final closing statement
Explanation
An addendum is a written document that is attached to and made part of the original contract. It may add new terms or modify existing provisions. Both parties must sign the addendum for it to be enforceable.
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