DEFINITION of 'Addendum'  An attachment to an a document such as
an insurance policy that changes the original policy conditions,
either to include or exclude coverage. The addendum becomes part
of the legal contract.   In insurance, endorsement is an
addendum attached to the original policy that alters or replaces
the previous provisions.  In real estate purchase agreements, an
addendum is a document containing any changes or modifications
negotiated in the original lease. Usually, an addendum is
attached to the signed lease, as a part of the lease, and
describes financing terms and property inspection requirements.
For contracts, if the addendum alters a contract, which has
already been signed by all parties, it is known as an amendment.
1. Adhesion Contract    2. Contract Month    3. Breach Of
Contract    4. Contract Holder    5. Insurance    6.
Conditionally Renewable Policy      An insurance policy
provision that allows the insurer to not ... Related Articles
Investing Basics      Solutions For C