It serves as a flexible tool to accommodate changes in circumstances or requirements of the parties without the need to draft a new contract from scratch. The process of creating a Deed of Variation for sale of an apartment between company and an individual involves negotiation between the company and the individual to reach a mutual agreement on the amendments. Once finalized, it must be signed by both parties and can be legally enforced, ensuring that the new terms are binding. This document is essential for maintaining clarity and understanding between the company selling the apartment and the individual purchasing it, providing a structured approach to modifying a pre-existing sale agreement.
Deed of Variation for sale of an Apartment between Company and Individual
KShs 3,000
A deed of variation for sale of an apartment between company and an individual is a legal document that allows parties to an existing agreement, specifically for the sale and purchase of an apartment, to make changes to the terms and conditions of that agreement.
This document is particularly useful when the parties involved are a company and an individual, and they need to alter the conditions initially set out in the Agreement for Sale. The Deed of Variation can address various aspects such as price adjustments, changes in payment schedules, or modifications to the property specifications.
