Learn How To Make an Amendment Agreement the Right Way
If contract parties no longer agree on the same terms stated in their contract, they have the option to make an amendment to the agreement. DoNotPay can guide you through the process of making changes to your contract accordingly and help you create a perfect legal document in no time!
What Are Contract Amendments, and When Should You Create One?
An agreement amendment is used to make agreed-upon changes to the already existing document. You can use the amendment to add, delete, or completely change parts of your contract. Changes to the document are normally small and entail adding a different price or delivery date, for example.
Depending on the scope of changes introduced to the contract, the amendment may not be enough. Sometimes you will need to create a completely new agreement if the changes are extensive. You can also make an amendment and restatement—an agreement in which the prior contract is reproduced with the changes included.
What Amendment Methods Can You Use for Your Contract?
There are three ways of making an amendment to your agreement. Your options include:
- Redlines and strikeouts
- Replacement of an entire clause
- Description of the changes
The best option is to restate the whole section of the contract with the changes because it is less confusing.
Useful Tips for Creating Contract Amendments
You should take amending a contract as seriously as creating a completely new one. Any changes you make will be effective and stay there until the contract expires. If you want your agreement amendment to be valid, you should make sure you create it properly. You will need to:
- Put the agreement amendment in writing
- Make sure both parties sign it
- Add the date the amendment becomes effective
- Reference the title of the agreement
- Include the original parties and signing date
- Attach the amendment to the original agreement
- Avoid making multiple amendments when possible—it’s better to make a completely new agreement in those circumstances
If you do make more than one amendment, you should manage them properly. It would be smart to enumerate them and keep them with the original agreement.
Once you are done with changing the document, you should proofread it and see if you made any mistakes before signing it. Some corporate amendments and amendments to financial agreements may require additional signatures or notices. You should inform yourself well on this topic.
Contract Amendment and Contract Addendum—What Is the Difference?
The terms amendment and addendum should not be confused. Both relate to changing legal documents but in a slightly different way. An amendment changes the actual terms of the contract (prices of products, for example), while an addendum keeps all the original contract terms and adds additional ones.
Whatever way you choose to change your existing document, you will have to make sure it clearly states the differences from the original.
If you have to create legal documents that will minimize the need for future amendments and addendums, don’t do everything from scratch—you can use DoNotPay.
DoNotPay Can Help You Draw Up Legal Documents in a Matter of Minutes
If you don’t want to spend a hefty sum on a lawyer to create a legal document, you should use DoNotPay. Our app is an easy way of generating customized contracts and agreements. The process is straightforward—you only need to:
- Sign up for DoNotPay in a web browser you normally use
- Write the name of the document you need in the search field
- Provide us with the info that needs to be included in your agreement
That’s all you need to do to make an airtight document that will protect your interests and help you navigate various personal and business issues more successfully.
What Legal Documents Can You Create Using DoNotPay?
DoNotPay has a comprehensive database of legal documents you can create with our help. We cover real estate, business transactions, and personal matters equally. Check out the table below to see your choices:
|Business Agreements||Real Estate||Other|
Inform Yourself About Numerous Other Agreements With DoNotPay
Our app also has the information you might be looking for about creating other contracts and agreements. Here are some of the legal documents you can learn more about if you use DoNotPay:
- Subordination agreement
- Investment agreement
- Land lease agreement
- Indemnification hold harmless agreement
- Wedding photography contract
- Maintenance agreement
- Subscription agreement
- Mutual lease termination agreement
- Simple home repair contract
- Installment sales contract
- Child support agreement outside of court
- Intellectual property agreement
- Behavior contract
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DoNotPay offers a myriad of helpful services you can use to resolve your everyday hurdles.
Here are some other problems you can handle effortlessly with our help:
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Hiring a Lawyer Can Cost a Small Fortune—Rely on DoNotPay Instead
Our app will help you create various documents, including child travel consent forms and complaint letters for a problematic neighbor.
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