Contract Addendum FAQ - Australia

Contract Addendum FAQ - AustraliaContract Addendum FAQ - AustraliaWhat is the governing law of my Contract Addendum?The governing law will usually be the jurisdiction in which the property is located, depending upon the property involved. Depending upon the contract, the parties may choose one of the jurisdictions the parties reside in. How many times can I amend a contract using an Contract Addendum?There is no limit in law to the number of times a contract can be amended. However, our contract allows you to make amendments to a contract on 5 separate occasions which should deal with almost all potential situations. If additional amendments are needed after the fifth amendment, then an entirely new contract should be executed. How many amendments can I make to the contract within a single Contract Addendum?Our contract allows you to make up to 5 changes to existing terms of the contract. If you have mora than 5 amendments to make, you should create a new contract rather than amendin g the existing one. Can I add completely new clauses to the contract?Yes, you can use the Additional Terms section of the questions page to create new contractual terms that were not contained in the contract originally. If the parties execute an Contract Addendum, do the terms of the original contract still apply?Yes, all of the original contractual terms still apply, except to the extent that they have been amended by the Contract Addendum. Can I amend a contract such as a lease without the other partys consent?No, a legal contract between two or more parties cannot be altered unilaterally. Our Contract Addendum contains spaces for the parties to the original contract to acknowledge their consent to the amendment by signing their names. I selected Corporation/Organization for one of the Parties. The signing area now displays (seal). What does this mean?The corporate seal is used to authenticate corporate documents. The device to create the seal is a stamp that will emboss paper. T he signing officer for your corporation would usually have authority over your corporate seal.I do not know when the Contract Addendum will be signed. Can I fill in the date later?Yes, by selecting Unsure as the date the agreement will be signed, a blank line will be inserted into the contract so that you can add the correct date after printing the document.