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Addendum To Contract For Residential Sale And Purchase
1. Parties: Identification of all parties to the original contract and addendum, including full legal names and addresses
2. Background: Reference to the original purchase agreement including its date, property details, and reason for the addendum
3. Definitions: Key terms used in the addendum, including reference to definitions from the original agreement that remain applicable
4. Reference to Original Agreement: Specific citation of the original contract sections being modified or supplemented
5. Modifications: Clear statement of the specific changes, additions, or deletions to the original agreement
6. Effect on Original Agreement: Statement confirming all other terms of the original agreement remain in full force and effect
7. Governing Law: Confirmation that Danish law governs the addendum, consistent with the original agreement
8. Execution: Signature requirements and effective date of the addendum
1. Additional Consideration: Required when the addendum involves changes to the purchase price or other financial terms
2. Time Extensions: Used when modifying any deadlines or time-sensitive provisions in the original agreement
3. Property Modifications: Included when changes involve physical alterations to the property or included/excluded items
4. Conditions Precedent: Used when new conditions must be met before the addendum takes effect
5. Third Party Consents: Required when modifications need approval from mortgage providers or other stakeholders
6. Representations and Warranties: Included when new statements of fact or promises are being made by either party
1. Schedule of Modifications: Detailed list of all changes to the original agreement, with reference to specific clauses
2. Updated Property Details: If modifications affect property specifications or included items
3. Revised Payment Schedule: Required if financial terms are modified
4. New/Modified Conditions Documentation: Any supporting documents related to new or modified conditions
5. Consent Documents: Copies of any required third-party consents or approvals
6. Timeline Amendments: Updated schedule of key dates and deadlines if timing changes are involved
Authors
Property
Effective Date
Original Purchase Price
Modified Purchase Price
Seller
Buyer
Closing Date
Amendment
Parties
Property Address
Settlement Date
Title Deed
Registration
Land Registry
Tinglysning
Modifications
Original Terms
Additional Consideration
Permitted Use
Amended Terms
Material Change
Force Majeure
Completion Date
Transfer Date
Due Diligence Period
Inspection Period
Mortgage Provider
Purchase Agreement
Settlement Statement
Condition Precedent
Representations and Warranties
Compliance Certificate
Energy Performance Certificate
Property Inspection Report
Title Insurance
Encumbrances
Fixtures and Fittings
Building Regulations
Municipality Requirements
Deposit
Amendment Purpose
Modification Terms
Purchase Price Adjustment
Property Description
Closing Date Modification
Property Condition
Title and Registration
Due Diligence
Property Inspection
Mortgage and Financing
Insurance Requirements
Municipal Compliance
Energy Performance
Environmental Conditions
Property Access
Fixtures and Fittings
Representations and Warranties
Conditions Precedent
Payment Terms
Settlement Procedures
Risk Transfer
Force Majeure
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Counterparts
Assignment
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