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Addendum To Agreement Of Sale
"I need an Addendum to Agreement of Sale for a residential property in Cape Town, modifying the original purchase price from R2.5M to R2.7M due to agreed renovations, with the transfer date set for March 15, 2025."
1. Parties: Full legal names and details of all parties to the original agreement and addendum
2. Background: Reference to the original agreement including its date and purpose, and the reason for this addendum
3. Definitions: Key terms used in the addendum, including reference to definitions in the original agreement
4. Amendment Details: Specific clauses being modified, added, or deleted from the original agreement
5. Effect on Original Agreement: Statement confirming all other terms of the original agreement remain unchanged
6. Integration: Clause stating this addendum forms part of the original agreement
7. Execution: Signature blocks for all parties and witnesses
1. Additional Warranties: Extra warranties specific to the modifications being made
2. Price Adjustment: Include when the addendum involves changes to the original purchase price
3. Timeline Modifications: When changing any dates or deadlines from the original agreement
4. Conditional Clauses: Any conditions that must be met for the addendum to take effect
5. Regulatory Compliance: Additional compliance requirements triggered by the modifications
6. Third Party Consents: When modifications require approval from parties not directly involved in the agreement
1. Schedule A - Modified Terms: Detailed list of specific terms being modified from the original agreement
2. Schedule B - Revised Price Schedule: If applicable, detailed breakdown of price changes or payment terms
3. Schedule C - Updated Timeline: If applicable, revised dates and deadlines
4. Appendix 1 - Supporting Documents: Any additional documentation supporting the modifications
5. Appendix 2 - Regulatory Approvals: Copies of any required regulatory approvals or permits related to the modifications
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Real Estate
Retail
Manufacturing
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Mining
Construction
Automotive
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Commercial Property
Residential Property
Hospitality
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Financial Services
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Compliance
Sales
Procurement
Real Estate
Business Development
Contract Administration
Risk Management
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Operations
Legal Counsel
Contract Manager
Property Lawyer
Commercial Director
Sales Manager
Procurement Manager
Real Estate Agent
Business Development Manager
Compliance Officer
Property Developer
Contract Administrator
Corporate Lawyer
Transaction Manager
Legal Operations Manager
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