Modification Agreement

A Modification Agreement is a legal document used to update or alter the terms of an existing agreement. This might be necessary for various agreements, such as a Marital Settlement Agreement, Child Custody Agreement, or Lease Agreement. The modification should be clear, detailed, and signed by all parties involved to ensure it is legally enforceable.

Here's a basic template for a Modification Agreement:

Modification Agreement

This Modification Agreement ("Modification") is made and entered into on [Date], by and between:

Party 1: [Full Name], residing at [Address]
Party 2: [Full Name], residing at [Address]
(Include additional parties if necessary)

Original Agreement:

• Date of Original Agreement: [Original Agreement Date]
• Title of Original Agreement: [Title of the Original Agreement, e.g., "Marital Settlement Agreement"]

Recitals:

1. Background
   The parties entered into the Original Agreement on [Date]. The parties now wish to modify certain terms of the Original Agreement.
2. Purpose
   The purpose of this Modification is to [briefly describe why the modification is needed, e.g., update custody arrangements, adjust alimony, etc.].

1. Modifications

1.1 Modification of [Specific Section]

• Original Term: [Detail the original term or provision being modified]
• Modified Term: [Detail the new or updated term or provision]

1.2 Modification of [Specific Section]

• Original Term: [Detail the original term or provision being modified]
• Modified Term: [Detail the new or updated term or provision]

(Include additional sections as needed.)

2. Effect of Modification

Except as expressly modified by this Modification, all other terms and conditions of the Original Agreement remain unchanged and in full force and effect. This Modification is intended to be incorporated into and made a part of the Original Agreement.

3. Signatures

By signing below, the parties acknowledge that they have read, understood, and agreed to the terms of this Modification Agreement and that it constitutes a binding modification to the Original Agreement.

Party 1:
Signature: ___________________________
Printed Name: ________________________
Date: _______________________________

Party 2:
Signature: ___________________________
Printed Name: ________________________
Date: _______________________________

(Include additional signatures if necessary.)

Notarization

[If required, have the Modification Agreement notarized to add an extra layer of legal authenticity.]

This template provides a basic structure for modifying an existing agreement. Make sure to adapt the details to fit the specific modifications and the type of agreement you are working with. Consulting with a legal professional is recommended to ensure the modification complies with applicable laws and effectively addresses the intended changes.