Form-of-the-Week: The Counteroffer, and Counteroffer Addendum — Forms 180 and 180-1

The seller responds to a buyer’s offer Typically, a buyer submits a purchase agreement offer to a seller through their respective agents. The seller, on receipt of the offer, has two choices, either: accept the buyers offer as stated in their purchase agreement; or reject the offer as unacceptable. The difficulty confronting a seller when responding … Continue reading Form-of-the-Week: The Counteroffer, and Counteroffer Addendum — Forms 180 and 180-1