Reference Clause
Cite the original contract by date, parties, and page or section so the amendment clearly attaches to that specific agreement.
A counter addendum lets parties document negotiated changes without redrafting the entire contract, preserving the original reference and streamlining acceptance. It provides a concise legal record of agreed deviations and keeps the transaction timeline clear.
Final execution typically requires signatures from the party making the counter and the responding party; retain copies for escrow, lender, and closing records.
Cite the original contract by date, parties, and page or section so the amendment clearly attaches to that specific agreement.
State the exact numeric purchase price or rent change, using dollars and cents, and note how earnest money or deposit adjustments will be handled.
Specify new dates for acceptance, inspections, loan approvals, and closing, using MM/DD/YYYY and clarifying the consequence of missed deadlines.
Describe any additions, removals, or modifications to contingencies (inspection, appraisal, financing) and the procedure for removal or cure.
List repair obligations, credits, or seller concessions in detail, including any allowances, caps, or required contractor certifications.
Provide dated signature lines for all parties, include printed names and capacities, and indicate whether electronic signatures are permitted.
| Field | Configuration |
|---|---|
| Template Name | Use a standardized title such as 'Counter Addendum — [Property Address]' to avoid confusion. |
| Signer Roles | Assign buyer, seller, and agent as distinct roles to enforce signing order and permissions. |
| Authentication | Require email plus SMS code or KBA for high-value deals to strengthen signer attribution. |
| Notifications | Enable automatic reminders and delivery receipts for timely acceptance and evidence trail. |
Ensure the chosen service preserves tamper-evident records and provides exportable signed PDFs for escrow, lender, and closing files.
Set a specific date and time; acceptance after the deadline may be invalid.
Specify the last day for inspections and repair negotiations tied to the counter.
Update the mortgage contingency deadline if financing terms change.
Amend the closing date if both parties agree and sign the addendum.
If recording is required, allow county processing time—typically several business days.
When a buyer requested a later closing, Martin Properties issued a one-page counter addendum specifying the new date and financing contingency
Optica used a counter addendum to convert seller repair obligations into a credit at closing