Real Estate Purchase Agreement Addendum Template for Philippines

1. Parties: Identification of all parties to the addendum, including their complete legal names, addresses, and capacities as they appear in the original purchase agreement

2. Background: Reference to the original purchase agreement including its date of execution, brief description of the property, and reason for the addendum

3. Definitions: Key terms used in the addendum, including references to defined terms from the original agreement that remain applicable

4. Amendments to Original Agreement: Specific modifications to the original agreement, clearly identifying sections being modified, deleted, or supplemented

5. Effect on Original Agreement: Statement confirming that all other terms and conditions of the original agreement remain in full force and effect

6. Integration: Clause stating that the addendum forms an integral part of the original purchase agreement

7. Governing Law: Confirmation that the addendum is governed by Philippine law and subject to the same jurisdiction as the original agreement

8. Execution: Signature blocks for all parties, including spaces for witnesses and notarization as required under Philippine law

1. Schedule A - Modified Payment Terms: Detailed breakdown of any changes to payment structure or amounts

2. Schedule B - Property Modifications: Detailed description of any changes to the property specifications or included items

3. Schedule C - Updated Due Diligence Documents: List of new or additional due diligence documents required

4. Appendix 1 - Revised Property Plans: Updated property plans or surveys if modifications affect physical aspects of the property

5. Appendix 2 - Additional Requirements: Any new government requirements or permits needed due to the modifications

6. Appendix 3 - Updated Timeline: Revised timeline showing new deadlines and milestones if applicable