A contract addendum is a document that is attached to a real estate contract and modifies or adds to the terms of the contract. A contract addendum for sellers or lenders credits is a document that allows the seller or lender to give the buyer a credit towards closing costs.
Context: Identifying the document.
Title: Addendum to Contract for Sale, Contract Addendum, Offer to Purchase Amendment, etc.
Contract is amended verbiage
Key takeaways: Important information.
Subject property address
Credit grantor (seller, lender, or otherwise)
Credit amount
Purpose of credit
Buyer(s) and seller(s) signatures