Document background
The Addendum To Agreement Of Sale is a critical legal document used when parties need to modify an existing sales agreement without creating an entirely new contract. This document type is particularly relevant in the Australian legal context, where it must comply with federal and state-specific contract modification requirements. It is commonly used when circumstances necessitate changes to original sale terms, such as price adjustments, delivery modifications, specification changes, or other material alterations. The addendum ensures these changes are properly documented and legally binding while preserving the original agreement's framework. It's essential for maintaining clear audit trails in commercial transactions and protecting all parties' interests through formal documentation of agreed modifications.
