Document background
An Amendment to Contract of Sale becomes necessary when parties to an existing sales agreement need to modify specific terms while preserving the overall structure of their original contract. This document is commonly used across the United States when circumstances require changes to price, delivery terms, specifications, or other contractual provisions. The amendment must comply with both federal and state laws, including the Uniform Commercial Code for goods and state-specific requirements for real estate transactions. It's essential to clearly reference the original contract and specify exactly which terms are being modified, added, or removed. The document serves as a formal record of the parties' mutual agreement to these changes and becomes an integral part of the original contract once executed.
