A contract is based upon an agreement. An agreement arises when one person, the offeror, makes an offer and the person to whom is made, the offeree, accepts. There must be both an offer and an acceptance. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Offer And Acceptance Form For Real Estate
State:
Multi-State
Control #:
US-01035BG
Format:
Word;
Rich Text
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FAQ
Hear this out loud PauseClearly state the specifics of your offer, including the product or service being offered, its price, and any additional terms or conditions. Review the form for any errors or missing information before signing it. Sign the form and ensure that all necessary parties involved also sign and date it.
Hear this out loud PauseExpress acceptance is the most common type of acceptance in real estate. It is a clear and unequivocal acceptance of the terms of the offer by the buyer or seller. This type of acceptance is usually in writing and signed by both parties, indicating their agreement to the terms of the contract.
The Residential Purchase Agreement (form RPA): This is the actual offer form. In this form we will write your offer price, down payment, financing terms, length of escrow, buyer and seller costs, contingency period, offer expiration date, and many other terms of the offer.
Hear this out loud PauseThe Residential Purchase Agreement (form RPA): This is the actual offer form. In this form we will write your offer price, down payment, financing terms, length of escrow, buyer and seller costs, contingency period, offer expiration date, and many other terms of the offer.
Hear this out loud PauseDefinition of Offer and Acceptance Offer and acceptance occur when the seller accepts a buyer's offer on the home, usually by signing a Purchase and Sale Agreement already signed by the buyer. This concept is also known as mutual acceptance.