¶¶Òõ¶ÌÊÓƵ

All Countries
Commercial
Addendum To Purchase And Sale Agreement

Addendum To Purchase And Sale Agreement Template for India

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Addendum To Purchase And Sale Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Addendum To Purchase And Sale Agreement

"I need an Addendum to Purchase and Sale Agreement for a commercial warehouse property in Mumbai, where we're increasing the purchase price by 15% and adding new payment installment terms due to additional storage facilities being included in the sale."

Celebrated by
Collaborations with
Investors
Document background
The Addendum To Purchase And Sale Agreement is a crucial legal instrument used in Indian property transactions when parties need to modify their original agreement without drafting an entirely new contract. This document becomes necessary when circumstances change after the initial agreement, such as adjustments in purchase price, payment terms, closing dates, or property specifications. It must comply with Indian contract law, including the Indian Contract Act, 1872, Transfer of Property Act, 1882, and relevant state property laws. The addendum ensures continuity of the original agreement while incorporating necessary changes, making it particularly valuable in complex property transactions where flexibility is required. It's commonly used in both commercial and residential property deals and must be properly executed with appropriate stamps and possibly registration, depending on the nature of modifications.
Suggested Sections

1. Parties: Identification of all parties to the original Purchase and Sale Agreement, including their legal names, addresses, and any relevant registration numbers

2. Background: Reference to the original Purchase and Sale Agreement including its date of execution, brief description of its purpose, and reason for this addendum

3. Definitions: Key terms used in the addendum, incorporating definitions from the original agreement and any new terms introduced

4. Amendments: Specific modifications to the original agreement, clearly identifying sections being modified and new language

5. Effect on Original Agreement: Statement confirming that all other terms and conditions of the original agreement remain in full force and effect

6. Governing Law: Confirmation that the addendum is governed by Indian law, consistent with the original agreement

7. Execution: Signature blocks for all parties, including date and place of signing

Optional Sections

1. Additional Consideration: Include when the modifications involve changes to the purchase price or payment terms

2. Time Extensions: Used when modifying any deadlines or timeframes in the original agreement

3. Modified Property Description: Include when changes affect the description of the property being sold

4. Conditions Precedent: Used when adding or modifying conditions that must be met before closing

5. Representations and Warranties: Include when adding or modifying any representations or warranties

6. Regulatory Compliance: Used when modifications require additional regulatory approvals or compliance measures

7. Dispute Resolution: Include when modifying dispute resolution procedures from the original agreement

Suggested Schedules

1. Schedule A - Modified Terms: Detailed list of specific terms being modified from the original agreement, with old and new language clearly marked

2. Schedule B - Revised Property Details: If applicable, updated property descriptions, specifications, or boundaries

3. Schedule C - Revised Payment Schedule: If applicable, modified payment terms or schedules

4. Appendix 1 - Supporting Documents: Any new certificates, permits, or documents relevant to the modifications

5. Appendix 2 - Regulatory Approvals: Copies of any additional regulatory approvals required for the modifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























Clauses

























Relevant Industries

Real Estate

Commercial Property

Residential Property

Industrial

Retail

Agriculture

Hospitality

Manufacturing

Technology Parks

Infrastructure

Healthcare

Education

Relevant Teams

Legal

Real Estate

Compliance

Operations

Business Development

Property Management

Contract Administration

Corporate Affairs

Risk Management

Asset Management

Relevant Roles

Legal Counsel

Property Manager

Real Estate Manager

Business Development Manager

Contract Administrator

Compliance Officer

Property Acquisition Manager

Real Estate Director

Corporate Lawyer

Property Developer

Commercial Manager

Operations Director

Chief Legal Officer

Real Estate Agent

Transaction Manager

Asset Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Closing Extension Addendum

An Indian law-compliant addendum that formally extends the closing date of an existing agreement while maintaining other original terms.

find out more

Amendment To Sales Contract

A legal document under Indian law that modifies specific terms of an existing sales contract while maintaining the validity of unchanged provisions.

find out more

Amendment To Purchase And Sale Agreement

An Indian law-governed document that modifies specific terms and conditions of an existing Purchase and Sale Agreement.

find out more

Addendum For Tenancy Agreement

A legal document under Indian law that modifies or adds terms to an existing tenancy agreement while maintaining the validity of the original contract.

find out more

Addendum Contract Extension

A formal document under Indian law that extends the duration of an existing contract while maintaining or modifying its terms and conditions.

find out more

Rental Contract Amendment

An Indian law-governed document that formally modifies specific terms of an existing rental agreement while maintaining other original provisions.

find out more

Partnership Agreement Amendment

An Indian law-compliant document that modifies an existing partnership agreement terms under the Indian Partnership Act, 1932.

find out more

Amendment Agreement

An Indian law-governed document that formally modifies specific terms of an existing agreement while maintaining its core structure.

find out more

Sales Contract Addendum

An Indian law-compliant amendment document that modifies specific terms of an existing sales contract while maintaining other original terms.

find out more

Amendment Change Of Employment Contract Letter

A legal document used in India to formally modify existing employment terms and conditions between employer and employee.

find out more

Contract Addendum

A legal document under Indian law that modifies an existing contract while maintaining the validity of unaltered terms.

find out more

Early Lease Termination Addendum

An Indian jurisdiction addendum for early lease termination, compliant with state rent control acts and national property laws, detailing termination terms and settlement procedures.

find out more

Addendum Deed Of Sale

An Indian law-compliant legal document that modifies or supplements an existing Sale Deed, requiring proper stamping and registration under Indian property laws.

find out more

First Addendum To Agreement

An Indian law-governed document that formally modifies an existing agreement between parties, maintaining legal compliance while updating specific terms and conditions.

find out more

Pool Addendum For Rental Agreement

An Indian jurisdiction addendum to rental agreements specifying terms and conditions for swimming pool usage, maintenance, and liability.

find out more

Addendum To Lease Agreement Change Of Name

An Indian law-compliant addendum that formally documents a party's name change in an existing lease agreement while maintaining all original terms and conditions.

find out more

Addendum To Change Purchase Price

A legal document under Indian law that modifies the purchase price in an existing contract while maintaining other original terms and conditions.

find out more

Commercial Lease Extension Addendum

An Indian law-compliant document that extends an existing commercial lease agreement, specifying new term length and any modified conditions.

find out more

Addendum To Bill Of Sale

A legal document under Indian law that modifies or adds to an existing Bill of Sale, ensuring compliance with Indian Contract Act and related regulations.

find out more

Addendum Loan Agreement

An India-governed document that amends an existing loan agreement, modifying specific terms while maintaining compliance with Indian banking and contract laws.

find out more

Lease Transfer Addendum

An Indian law-compliant document that formalizes the transfer of lease rights from an existing tenant to a new tenant, with landlord's consent.

find out more

Addendum To Service Agreement

An Indian law-governed document that modifies an existing Service Agreement, incorporating changes while maintaining the original agreement's framework.

find out more

Lease Addendum Change Of Ownership

An Indian law-compliant lease addendum documenting property ownership transfer from original to new landlord while preserving existing tenant lease terms.

find out more

Addendum To Rental Agreement

An Indian law-compliant document that modifies an existing rental agreement between landlord and tenant, incorporating specific changes while maintaining other original terms.

find out more

Addendum To Memorandum Of Agreement

A legal document under Indian law used to modify or supplement an existing Memorandum of Agreement while keeping the original agreement valid.

find out more

Furnished Apartment Lease Addendum

An Indian jurisdiction addendum to a residential lease agreement specifying terms and conditions for furnished items provided with the rental property.

find out more

Employee Lease Addendum

An Indian law-compliant addendum governing employee leasing arrangements between organizations, maintaining primary employment relationships while enabling temporary assignments.

find out more

Lease Renewal Addendum

An Indian law-compliant document that extends an existing lease agreement, specifying new duration and terms while maintaining the original agreement's core structure.

find out more

Addendum To Purchase And Sale Agreement

A legal document under Indian law that modifies an existing Purchase and Sale Agreement, incorporating changes while maintaining the validity of the original contract.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.