Contracts
In Virginia, an addendum to a real estate contract:
AAutomatically supersedes all prior terms in the original contract
BModifies or adds to the original contract terms and becomes part of the contract when signed by all parties✓ Correct
CIs only valid if notarized
DMust be filed with VREB within 10 days
Explanation
An addendum modifies or supplements the original contract. It becomes part of the contract when signed by all parties and should clearly state which terms it modifies or adds.
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