Deed Modification Agreement-Assorted Legal Forms
Is it possible to modify a deed?
When you sign a contract you should be extra careful because once you sign it nothing can be done about it. The terms of the contract will be permanent and you will have to abide by them. This is what every person with even the slightest knowledge of legal system tells you. But actually this is true only for majority of cases. There are a very small number of cases in which the deed can be modified after it has been signed by both the parties. If the circumstances have changes in such a way that certain clauses of the contract are not applicable anymore the can be modified. It is quite obvious that both the parties should be in favor of the changes being made. In some rare cases it could be the decision of court to make the changes but for that the terms will have to be really unacceptable and not just unfair. Thus if you want some modification in the contract you should discuss it with other party.
You may or may not have been very careful while the original contract was created. Whatever the case was, you will have to make sure that the changes being made to the deed are not problematic for you in any way. It is always a good idea to hire or consult an expert regarding these modifications. You should also ensure that everything is exactly as agreed upon. Check the document a couple of times before you sign it.
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