A counter offer is an offer made in response to a previous offer by the other party during negotiations for a final contract. It is a new offer made in response to an offer received. It has the effect of rejecting the original offer, which cannot be accepted thereafter unless revived by the offeror. However, with regard to sales of goods, Article 2-207 of the Uniform Commercial Code provides: "A definite and seasonable expression of acceptance or a written confirmation which is sent within a reasonable time operates as an acceptance even though it states terms additional to or different from those offered or agreed upon, unless acceptance is expressly made conditional on assent to the additional or different terms."
Idaho Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date is a legal document used in real estate transactions to communicate with a seller regarding the acceptance of their offer while proposing additional terms related to an earlier delivery date. This document is specifically crafted for transactions taking place in the state of Idaho. The purpose of this letter is to inform the seller about the acceptance of their offer on the property, demonstrating an eagerness to proceed with the transaction. However, it also presents additional terms requesting an earlier delivery date for the property. Here are key points to consider while drafting an Idaho Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date: 1. Contact information: Include the buyer's and seller's full names, addresses, phone numbers, and email addresses at the beginning of the letter. 2. Property information: Clearly state the property address, including any specific details that may be relevant to the transaction. 3. Acceptance of the offer: Clearly express the buyer's acceptance of the seller's offer in the first paragraph. Mention the agreed-upon price, terms, and conditions of the original offer. 4. Proposal for earlier delivery: Present the proposed additional term of an earlier delivery date for the property. Justify the need for an accelerated timeframe, considering factors such as personal circumstances or investment objectives. 5. Terms and conditions: Outline any specific terms and conditions related to the earlier delivery date. These may include provisions related to inspections, contingencies, financing, or any other conditions that need to be met before closing the deal. 6. Deadline and response: Set a deadline for the seller to respond to the proposed additional terms, typically within a reasonable timeframe. Include instructions on how the seller should communicate their acceptance or rejection of the proposed terms. Different versions or variations of Idaho Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date may exist to cater to specific scenarios or contingencies, such as: 1. Idaho Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date with Contingency: If the buyer wants an earlier delivery date but also requires specific contingencies to be met before closing the deal, a version of this letter can be modified to include those contingencies. 2. Idaho Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date with Financing Condition: This version includes additional terms related to financing, accounting for the buyer's need for loan approval by a certain date to proceed with an earlier delivery. Remember, it is crucial to consult with a real estate attorney or professional experienced in Idaho real estate transactions to ensure the letter accurately reflects the legal requirements and obligations specific to the state.Idaho Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date is a legal document used in real estate transactions to communicate with a seller regarding the acceptance of their offer while proposing additional terms related to an earlier delivery date. This document is specifically crafted for transactions taking place in the state of Idaho. The purpose of this letter is to inform the seller about the acceptance of their offer on the property, demonstrating an eagerness to proceed with the transaction. However, it also presents additional terms requesting an earlier delivery date for the property. Here are key points to consider while drafting an Idaho Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date: 1. Contact information: Include the buyer's and seller's full names, addresses, phone numbers, and email addresses at the beginning of the letter. 2. Property information: Clearly state the property address, including any specific details that may be relevant to the transaction. 3. Acceptance of the offer: Clearly express the buyer's acceptance of the seller's offer in the first paragraph. Mention the agreed-upon price, terms, and conditions of the original offer. 4. Proposal for earlier delivery: Present the proposed additional term of an earlier delivery date for the property. Justify the need for an accelerated timeframe, considering factors such as personal circumstances or investment objectives. 5. Terms and conditions: Outline any specific terms and conditions related to the earlier delivery date. These may include provisions related to inspections, contingencies, financing, or any other conditions that need to be met before closing the deal. 6. Deadline and response: Set a deadline for the seller to respond to the proposed additional terms, typically within a reasonable timeframe. Include instructions on how the seller should communicate their acceptance or rejection of the proposed terms. Different versions or variations of Idaho Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date may exist to cater to specific scenarios or contingencies, such as: 1. Idaho Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date with Contingency: If the buyer wants an earlier delivery date but also requires specific contingencies to be met before closing the deal, a version of this letter can be modified to include those contingencies. 2. Idaho Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date with Financing Condition: This version includes additional terms related to financing, accounting for the buyer's need for loan approval by a certain date to proceed with an earlier delivery. Remember, it is crucial to consult with a real estate attorney or professional experienced in Idaho real estate transactions to ensure the letter accurately reflects the legal requirements and obligations specific to the state.