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.
Middlesex County is located in the state of Massachusetts and is one of the 14 counties in the state. It occupies a significant portion of the Greater Boston metropolitan area and covers an area of approximately 847 square miles. Middlesex County is home to numerous cities and towns, including Lowell, Cambridge, Newton, Framingham, Waltham, and Lexington. A Middlesex Massachusetts Notice to Seller of Acceptance of Offer by Proposing Additional Terms refers to a legal document that buyers submit to sellers after accepting their offer to purchase a property, but with the inclusion of additional terms. This notice serves as a means for buyers to propose additional conditions or amendments to the original agreement. These additional terms can vary depending on the specific requirements and negotiations between the buyer and the seller. Some common examples of additional terms proposed in a Middlesex Massachusetts Notice to Seller of Acceptance of Offer include: 1. Financing Contingency: The buyer may request a provision that allows them to back out of the agreement if they are unable to secure the necessary financing within a specific timeframe. 2. Inspection Contingency: Buyers may propose an inspection contingency, allowing them to hire a professional inspector to evaluate the property's condition and request repairs or negotiate the price based on the findings. 3. Home Sale Contingency: If the buyer is currently selling their property before purchasing a new one, they may include a home sale contingency, which allows them to withdraw from the agreement if they are unable to sell their current home within a specified period. 4. Closing Cost Assistance: Buyers may propose that the seller contributes a portion of the closing costs, such as attorney fees, title insurance, or transfer taxes. 5. Repairs or Maintenance: Buyers may include specific requests for repairs or maintenance to be completed by the seller before the closing date. It's important for both buyers and sellers to carefully review and negotiate the additional terms proposed in the Middlesex Massachusetts Notice to Seller of Acceptance of Offer. Failure to address these terms adequately or come to an agreement may lead to complications in the real estate transaction.Middlesex County is located in the state of Massachusetts and is one of the 14 counties in the state. It occupies a significant portion of the Greater Boston metropolitan area and covers an area of approximately 847 square miles. Middlesex County is home to numerous cities and towns, including Lowell, Cambridge, Newton, Framingham, Waltham, and Lexington. A Middlesex Massachusetts Notice to Seller of Acceptance of Offer by Proposing Additional Terms refers to a legal document that buyers submit to sellers after accepting their offer to purchase a property, but with the inclusion of additional terms. This notice serves as a means for buyers to propose additional conditions or amendments to the original agreement. These additional terms can vary depending on the specific requirements and negotiations between the buyer and the seller. Some common examples of additional terms proposed in a Middlesex Massachusetts Notice to Seller of Acceptance of Offer include: 1. Financing Contingency: The buyer may request a provision that allows them to back out of the agreement if they are unable to secure the necessary financing within a specific timeframe. 2. Inspection Contingency: Buyers may propose an inspection contingency, allowing them to hire a professional inspector to evaluate the property's condition and request repairs or negotiate the price based on the findings. 3. Home Sale Contingency: If the buyer is currently selling their property before purchasing a new one, they may include a home sale contingency, which allows them to withdraw from the agreement if they are unable to sell their current home within a specified period. 4. Closing Cost Assistance: Buyers may propose that the seller contributes a portion of the closing costs, such as attorney fees, title insurance, or transfer taxes. 5. Repairs or Maintenance: Buyers may include specific requests for repairs or maintenance to be completed by the seller before the closing date. It's important for both buyers and sellers to carefully review and negotiate the additional terms proposed in the Middlesex Massachusetts Notice to Seller of Acceptance of Offer. Failure to address these terms adequately or come to an agreement may lead to complications 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.
