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Amendments

oboloo Glossary

Amendments

Amendments

Contract amendments are changes or additions to an existing contract. Amendments can be made to clarify the terms of the contract, or to add new terms. Amendments can be made by the parties to the contract, or by a court.

When amending a contract, it is important to make sure that all parties agree to the changes. Otherwise, the amendment may be void.

Amendments can be made in writing, or orally. However, it is generally advisable to make amendments in writing, so that there is a record of the changes. If an amendment is made to a written contract, it should be signed by all parties to the contract. If an amendment is made to an oral contract, it should be witnessed by a third party.

Amendments can be made at any time during the term of a contract. However, if an amendment is made after a breach of contract has occurred, the amendment may not be enforceable.

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