Microsoft Word - Change in Terms Addendum Changes Included 10

10/20

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. For use by REALTOR® members of Maryland REALTORS® only. Except as negotiated by the parties to the Contract, this form may not be altered or

modified in any form without the prior expressed written consent of Maryland REALTORS

CHANGE IN TERMS ADDENDUM

ADDENDUM dated _____________________________________________________ to Contract of Sale

between Buyer ________________________________________________________________________

and Seller ____________________________________________________________________________

for Property known as __________________________________________________________________.

Buyer and Seller acknowledge and agree that the Contract of Sale shall be modified as follows:

Only those Paragraphs initialed by both Buyer and Seller shall be binding on the parties.

1. PURCHASE PRICE: The PURCHASE PRICE is changed from _______________________

Dollars ($________________________________) to ______________________ Dollars

($_________________________________).

2. SETTLEMENT DATE: The SETTLEMENT DATE is changed from _____________________

to _______________________________.

3. WRITTEN APPLICATION FOR FINANCING: The time frame for making a WRITTEN

APPLICATION for the financing is changed from _______________________________ to

___________________.

4. WRITTEN FINANCING COMMITMENT: The time frame for obtaining a WRITTEN

FINANCING COMMITMENT is changed from __________________________________ to

_______________________.

5. SELLER CONTRIBUTION: The SELLER CONTRIBUTION is changed from _____________

_______________________________ to ________________________________________.

6. OTHER:___________________________________________________________________

__________________________________________________________________________

All other terms and conditions of the Contract of Sale remain in full force and effect.

______________________________________ ______________________________________

Buyer Signature Date Seller Signature Date

______________________________________ ______________________________________

Buyer Signature Date Seller Signature Date