What is a Contract Amendment?
When an agreement changes, it's always a smart idea to document it in writing. A Contract Amendment helps you adjust certain provisions of a contract, without revoking the entire original agreement. Using a Contract Amendment saves you time because you don't have to start from scratch. It also keeps things from getting confusing later on when potential questions come up about an out-of-date contract.
When to use a Contract Amendment:
- You want to change one or more provisions of a contract or agreement that has already been signed and is in effect.