Addendum to Purchase Agreement (Universal) — Arkansas Edition Template

Deals change after signing — repair credits get negotiated after inspection, closing dates slip, appraisal gaps get bridged, personal property gets added or removed. The clean, enforceable way to document any of it is a written addendum executed by all parties, because nearly every purchase agreement contains an integration/merger clause providing that modifications must be in writing, and the statute of frauds in every state requires material modifications to real estate contracts to be written anyway.

This Universal Addendum to Purchase Agreement is deliberately flexible: it identifies the underlying contract by parties, property, and effective date; provides numbered blank provisions for the new or modified terms; states that all other terms of the purchase agreement remain in full force and effect; handles conflicts between the addendum and the original agreement (addendum controls); and includes execution blocks for all buyers and sellers with dates. It is the form you reach for dozens of times a year.

The 3-page template also ships with a drafting guide containing ready-to-adapt clause language for the most common addendum scenarios: inspection repair resolutions, closing date extensions, appraisal gap provisions, seller concessions and credits (with a note on lender concession caps), personal property inclusions, post-closing occupancy stubs, and contingency waivers. The 50-state notes flag jurisdictions with specific counterpart-execution or electronic signature nuances (all states have adopted UETA or equivalent, and federal E-SIGN, 15 U.S.C. § 7001, validates electronic signatures, but practice details vary). Template for drafting purposes — review significant modifications with a broker or attorney.

About this Arkansas Edition: Every template was redrafted around the Arkansas Real Estate License Law (Ark. Code Ann. Title 17, Chapter 42) and the Arkansas Real Estate Commission's agency regulations, under which dual agency is permitted only with the informed written consent of both parties and all compensation must flow through the principal broker. Because Arkansas has no mandatory statutory seller disclosure form, the disclosure templates are built as voluntary, actual-knowledge disclosures framed by Arkansas fraud and misrepresentation law, the Arkansas Deceptive Trade Practices Act (Ark. Code Ann. § 4-88-101 et seq.), and the licensee's regulatory duty to disclose known material defects. Writings are keyed to the Arkansas statute of frauds (Ark. Code Ann. § 4-59-101) and the Arkansas Uniform Electronic Transactions Act (Ark. Code Ann. § 25-32-101 et seq.), the broker lien statute is treated as limited to commercial real estate (Ark. Code Ann. Title 18, Chapter 44, Subchapter 3), and the independent contractor template references Arkansas's covenant-not-to-compete statute (Ark. Code Ann. § 4-75-101).