An addition or supplement to a legal document that provides extra information or clarifies existing terms.
What is Addendum?
An addendum is a written document added to an existing contract, agreement, or legal document to modify, clarify, or supplement its terms. It becomes part of the original document once signed by all parties.
Why It Matters?
It allows changes or additions without rewriting the entire contract, maintaining legal enforceability.
Example
Two parties sign a lease and later add an addendum specifying updated pet rules and parking arrangements.