How do you add/remove a Buyer or Seller to a Contract


Question:  I need to remove a buyer from  a contract. At the top of the addendum where the buyers are listed do I put both of their names, then in the box state that we are removing the one, then the remaining buyer signs the bottom?  Or is it just the remaining buyer’s name at the top?

Answer:  You can use an addendum to add or remove any Buyers and/or Sellers.  Name the original parties at the top and add the names off anyone you are adding or removing in the body of the addendum.   Each party being added or removed  must sign the Addendum.