What is an addenda?

An addenda is a document that is added to an existing agreement or contract. It is usually used when changes need to be made or additional terms need to be included after the initial agreement has been signed. A common use of addenda is in real estate transactions, where they may be used to add or remove contingencies or clarify terms. Addenda may also be used in legal agreements, employment contracts, and other types of binding documents. They must be signed by all parties involved in the original agreement for them to be valid.