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Addendum To Contract For Residential Sale And Purchase
1. Parties: Identification of all parties to the original contract and addendum, including full legal names and addresses
2. Background: Reference to the original purchase agreement including its date, property details, and reason for the addendum
3. Definitions: Key terms used in the addendum, including reference to definitions from the original agreement that remain applicable
4. Reference to Original Agreement: Specific citation of the original contract sections being modified or supplemented
5. Modifications: Clear statement of the specific changes, additions, or deletions to the original agreement
6. Effect on Original Agreement: Statement confirming all other terms of the original agreement remain in full force and effect
7. Governing Law: Confirmation that Danish law governs the addendum, consistent with the original agreement
8. Execution: Signature requirements and effective date of the addendum
1. Additional Consideration: Required when the addendum involves changes to the purchase price or other financial terms
2. Time Extensions: Used when modifying any deadlines or time-sensitive provisions in the original agreement
3. Property Modifications: Included when changes involve physical alterations to the property or included/excluded items
4. Conditions Precedent: Used when new conditions must be met before the addendum takes effect
5. Third Party Consents: Required when modifications need approval from mortgage providers or other stakeholders
6. Representations and Warranties: Included when new statements of fact or promises are being made by either party
1. Schedule of Modifications: Detailed list of all changes to the original agreement, with reference to specific clauses
2. Updated Property Details: If modifications affect property specifications or included items
3. Revised Payment Schedule: Required if financial terms are modified
4. New/Modified Conditions Documentation: Any supporting documents related to new or modified conditions
5. Consent Documents: Copies of any required third-party consents or approvals
6. Timeline Amendments: Updated schedule of key dates and deadlines if timing changes are involved
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