real estate multi counter offer contract

Real estate multi counter offer contract full#

For instance, if the Buyer accepts the counter-offer made through the above document, then he or she will need to mark the “Accepts” checkbox. This paperwork allows for a quick response from the Buyer. The Seller’s signature date should be delivered to this document when he or she signs it. Once this document is signed it will be considered a legitimate answer from the Seller to the Buyer’s original offer. The Seller should carefully review the counter-offer being made. For this, document the final time and date that the Seller will accept a formal response to this counter-offer. Naturally, the counter-offer will need to be subject to a time limit so that a response can be attained within a reasonable period of time. This should be a complete record of any changes wanted in the pricing, payment schedule, conditions, and terms the Seller wishes the Buyer to agree to. Present the formal counter-offer being made through this agreement.

(4) Property Description. The property being discussed should be defined with its physical address, the type of structure (if any) on the property, and (if available) its legal description.

Real estate multi counter offer contract full#

Report the full name of the Seller of this real estate. The Buyer of the real estate must be identified with a record of his or her complete name. Present the effective date when the original offer for the property was made. Sampleĭownload: Adobe PDF, MS Word, OpenDocumentĭownload: Adobe PDF, MS Word, OpenDocument Section I Note: Up until the other party signs and accepts the terms of the counter-offer, the sending party may cancel its terms at any time. After the buyer signs, the counter-offer becomes legally binding after the seller has been made aware the buyer has accepted the terms. Step 3 – Wait for AcceptanceĪfter sending, the buyer will have until the end of the expiration period to accept its terms. Once complete, the seller will sign and attach to the original purchase agreement. The seller will make the counter-offer and include terms they would like to include. The seller will reference the purchase agreement by entering its date. Most commonly, the seller will be making a counter to the buyer’s offer. A counter-offer becomes legally binding after both parties have signed and acceptance is received.