What is a material alteration of a contract?

A material alteration of a contract is an alteration that changes an essential term of the agreement. In North Carolina, a material alteration of a contract is when an agreement is changed in a significant way that affects the content and/or purpose of the original contract. This could include changes to the length of the contract, the parties that are involved, or the services or goods that are exchanged in the agreement. In some cases, a material alteration of a contract can completely rewrite the terms of the agreement and make it a totally different agreement. In any situation, a material alteration of a contract must be agreed upon by all parties involved in order for the change to be valid. If any party refuses to agree to a material change, the contract remains in its original form and any changes made without the agreement of all parties is null and void.

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