Addenda to a P&S agreement must be:

• A. Kept in the brokerage's transaction file
• B. Filed with the court
• C. Sent to the lender
• D. Uploaded to the state registry

Answer: (A)

The key idea is keeping complete, auditable records of every contract change. Addenda are changes or additions to the Purchase and Sale agreement, so they must be stored with the official transaction documents. This ensures a full, accessible trail of what was agreed, when changes occurred, and what contingencies or terms were added, which is essential for licensee accountability and any future review or audit. They aren’t legal filings to courts, nor are they required to be sent to lenders or uploaded to a state registry—their proper place is the brokerage’s transaction file, where the complete record of the deal is kept.