Virginia Real Estate Exam Practice Question
What, when signed by all parties to a sales contract, changes the original terms of the contract?
Correct Answer: B
Rationale: An amendment, signed by all parties, formally alters the original terms of a sales contract, ensuring clarity and mutual consent. An addendum, while it can add new terms, does not change existing ones directly. Annexation refers to the process of adding property to a jurisdiction and is unrelated to contract terms. Appurtenance pertains to rights or privileges associated with property but does not modify contract provisions. Thus, an amendment is the appropriate choice for changing existing terms in a contract.
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