Unless it is expressly specified that an offer to buy or sell goods must be accepted just as made, the offeree may accept an offer and at the same time propose an additional term. This is contrary to general contract law. Under general contract law, the proposed additional term would be considered a counteroffer and the original offered would be rejected. Under Article 2 of the Uniform Commercial Code, the new term does not reject the original offer. A contract arises on the terms of the original offer, and the new term is a counteroffer. The new term does not become binding until accepted by the original offeror. If, however, the offer states that it must be accepted exactly as made, the ordinary contract law rules apply.
In a transaction between merchants, the additional term becomes part of the contract if that term does not materially alter the offer and no objection is made to it. However, if such an additional term from the seller operates solely to the sellers advantage, it is a material term and must be accepted by the buyer to be effective.
Miami-Dade Florida Notice to Seller of Acceptance of Offer by Proposing Additional Terms is a legal document used in real estate transactions to inform the seller that the buyer has accepted their offer but is proposing additional terms. This notice ensures transparency and clarity in the negotiation process, protecting both parties. There are several types of Miami-Dade Florida Notice to Seller of Acceptance of Offer by Proposing Additional Terms, such as: 1. Standard Notice: This is a basic form used when the buyer wants to propose additional terms to the seller after accepting their offer. It includes details such as the buyer's name, address, contact information, and the additional terms being proposed. 2. Counteroffer Notice: In some cases, the buyer may not accept all the terms proposed by the seller and wants to propose alternative terms. The Counteroffer Notice outlines the changes requested by the buyer and gives the seller an opportunity to review and respond. 3. Financing Contingency Notice: When the buyer's offer is subject to securing financing, they may need to propose additional terms related to the financing arrangement. This notice specifies the financing contingency terms, such as the loan amount, interest rate, and timeline for securing the loan. 4. Inspection Contingency Notice: If the buyer wants to address specific inspection concerns before finalizing the deal, they may propose additional terms related to inspections. This notice outlines the specific inspections to be conducted, their timing, and any potential repair requests. 5. Closing Date Extension Notice: In certain situations, the buyer may need more time to fulfill their obligations or resolve unforeseen issues before closing the transaction. This notice proposes extending the closing date, including the reasons for the extension and the new proposed date. The key purpose of these notices is to enable the buyer to propose additional terms to the seller while ensuring clear communication, transparency, and legal protection for both parties involved in the real estate transaction.Miami-Dade Florida Notice to Seller of Acceptance of Offer by Proposing Additional Terms is a legal document used in real estate transactions to inform the seller that the buyer has accepted their offer but is proposing additional terms. This notice ensures transparency and clarity in the negotiation process, protecting both parties. There are several types of Miami-Dade Florida Notice to Seller of Acceptance of Offer by Proposing Additional Terms, such as: 1. Standard Notice: This is a basic form used when the buyer wants to propose additional terms to the seller after accepting their offer. It includes details such as the buyer's name, address, contact information, and the additional terms being proposed. 2. Counteroffer Notice: In some cases, the buyer may not accept all the terms proposed by the seller and wants to propose alternative terms. The Counteroffer Notice outlines the changes requested by the buyer and gives the seller an opportunity to review and respond. 3. Financing Contingency Notice: When the buyer's offer is subject to securing financing, they may need to propose additional terms related to the financing arrangement. This notice specifies the financing contingency terms, such as the loan amount, interest rate, and timeline for securing the loan. 4. Inspection Contingency Notice: If the buyer wants to address specific inspection concerns before finalizing the deal, they may propose additional terms related to inspections. This notice outlines the specific inspections to be conducted, their timing, and any potential repair requests. 5. Closing Date Extension Notice: In certain situations, the buyer may need more time to fulfill their obligations or resolve unforeseen issues before closing the transaction. This notice proposes extending the closing date, including the reasons for the extension and the new proposed date. The key purpose of these notices is to enable the buyer to propose additional terms to the seller while ensuring clear communication, transparency, and legal protection for both parties involved in the real estate transaction.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
