The Name Change Addendum To Real Estate Contract serves as a crucial legal instrument when a party to a real estate transaction has undergone a name change due to marriage, divorce, or court order. This document is particularly important in the United States real estate sector as it maintains the integrity of property records and ensures clear chain of title. The addendum includes specific references to the original contract, documentation of the name change, and confirmation that all other terms remain unchanged. It's essential for compliance with state recording requirements and title insurance purposes, protecting all parties' interests while facilitating the proper documentation of the name change in relation to the property transaction.
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1. Parties: Identification of all parties to the original contract and their current legal names
2. Background: Reference to original contract and explanation of name change circumstance
3. Definitions: Key terms used in the addendum including reference to original contract terms
4. Name Change Declaration: Formal statement of the name change and effective date
5. Original Contract Reference: Details of the original contract including date and parties
6. Confirmation of Terms: Statement that all other terms of original contract remain unchanged
7. Execution: Signature blocks for all parties
1. Supporting Documentation Reference: Reference to legal documents supporting name change - used when required by state law or title company
2. Title Company Acknowledgment: Space for title company acknowledgment - used when required by title company
3. Lender Acknowledgment: Space for lender acknowledgment - used when property is subject to a mortgage
1. Schedule A - Copy of Name Change Documentation: Certified copies of marriage certificate, divorce decree, or court order
2. Schedule B - Original Contract: Copy of the original real estate contract being modified
3. Schedule C - Property Description: Legal description of the property from original contract
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