Amendment or Modification of Contract Terms

August 4, 2011

AMENDMENT OR MODIFICATION OF CONTRACT TERMS

This Amendment is made and entered into by the parties hereto this the __________ day of _________________ (month), _____ (year).

In further consideration of the terms and conditions of that certain Offer To Purchase and Contract by and between: ________________________________________, Buyers and ___________________________________________, Sellers,  dated  ______________________________ ,   for the property located at or identified as: _____________________________________, said Offer to Purchase and Contract being incorporated herein by reference, and for other good and valuable consideration, the receipt of which is mutually acknowledged, the parties hereto covenant and agree as follows:

1 – The date by which Buyer must obtain New Financing and / or Assumption of Existing Financing is changed from ________________________________ to on or before __________________________________________________________.

2 – The date for Closing is changed from ___________________________ to on or before __________________________________________________________.

3 – The date for delivering possession of subject property is changed from _______________________ to _______________________.

4 – Other dates set forth in the Offer to Purchase and Contract shall be changed as follows : _________________________________________________________.

5 – Additional Modifications: __________________________________________.

(Use of this section is NOT recommended; if used, exercise CAUTION.)

Except as expressly modified or supplemented by this Amendment, the parties hereto expressly republish and reconfirm all other terms and conditions of the aforesaid Offer to Purchase and Contract dated: ________________________

BUYER : ___________________________________ (SEAL)

DATE : ________________.

BUYER:  ___________________________________ (SEAL)

DATE : ________________.

SELLER: ___________________________________ (SEAL)

DATE: ________________.

SELLER: ___________________________________ (SEAL)

DATE: ________________.

____________________________

Seller Signature

____________________________

Seller Signature

____________________________

Buyer Signature

____________________________

Buyer Signature

 

Download Amendment or Modification of Contract Terms in Word Format

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