TREC Promulgated Contract Practice Test 2025 – Comprehensive All-in-One Guide to Exam Success!

For addendums to a sales contract, it is essential that they are signed and dated by both the seller and buyer. This requirement ensures that all parties are in agreement with the additional terms and changes made to the original contract, thereby creating a binding effect. The signatures not only indicate acceptance but also serve as a legal acknowledgment of the modifications being made.

Properly executed addendums maintain the integrity of the contractual relationship, making it clear what obligations each party has agreed to modify or add. This prevents potential disputes in the future regarding what terms the parties have consented to.

Other considerations, such as notarization or filing with the county clerk, while potentially beneficial for certain types of documents, are not universally necessary for the validity of addendums. Their primary focus should be on mutual consent, as indicated by the signatures and dates of the involved parties.