Contracts
An addendum to a Vermont purchase contract is:
AA separate agreement that supersedes the purchase contract entirely
BAn additional document that modifies or supplements the terms of the original contract✓ Correct
CA form required by VREC for all transactions
DThe lender's financing commitment
Explanation
An addendum is attached to and made part of the original contract, adding, modifying, or supplementing specific terms. Both parties must sign the addendum for it to be binding.
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