Contracts
The TREC contract's 'Amendment' form is used to:
AReplace the entire original contract
BModify specific terms of an existing executed contract by mutual agreement✓ Correct
CAllow one party to unilaterally change contract terms
DReport changes to the title company
Explanation
A TREC contract Amendment formally modifies specific provisions of an already executed contract (e.g., changing the closing date, adjusting the purchase price, modifying repair terms). It must be signed by all parties to be effective.
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