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."
Title: Illinois Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date Description: In Illinois real estate transactions, a Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date is a crucial document used by buyers to propose an amendment to the original offer. This letter allows the buyer to accept the initial offer from the seller while suggesting revised terms related to an earlier delivery date. Types of Illinois Letters and Notices for Proposing Additional Terms — Earlier Delivery Date: 1. Standard Illinois Letter and Notice to Seller Accepting Offer But Proposing Earlier Delivery Date: This type of letter is commonly used by homebuyers in Illinois to formally accept a seller's offer for a property while requesting an adjustment to the original terms, specifically the delivery date. The buyer proposes a revised timeline, ensuring an earlier delivery date that aligns better with their needs or preferences. 2. Illinois Amendment Letter and Notice to Seller Accepting Offer But Proposing Earlier Delivery Date: Sometimes, buyers may wish to propose changes to other terms along with the earlier delivery date. In such cases, this amendment letter can be used to address multiple revised conditions, including the delivery date, purchase price, contingencies, or any other relevant aspect mentioned in the initial offer. 3. Illinois Contingent Offer Letter and Notice to Seller Accepting Offer But Proposing Earlier Delivery Date: When a buyer submits a contingent offer, such as subject to the sale of their current property, and still desires an earlier delivery date, this type of letter is used. It enables the buyer to accept the seller's offer, including the contingency clause, while suggesting that the closing and delivery dates be advanced. 4. Illinois Cash Offer Letter and Notice to Seller Accepting Offer But Proposing Earlier Delivery Date: Buyers using a cash offer to purchase a property in Illinois can also employ this letter to propose an earlier delivery date. Cash buyers may wish to expedite the closing process, and this letter serves as a formal request to the seller to modify the agreed-upon timeframe outlined in the original offer. By utilizing an Illinois Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date, buyers in the state can effectively communicate their desire for a revised timetable, ensuring a smoother real estate transaction process that accommodates their specific needs and preferences.Title: Illinois Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date Description: In Illinois real estate transactions, a Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date is a crucial document used by buyers to propose an amendment to the original offer. This letter allows the buyer to accept the initial offer from the seller while suggesting revised terms related to an earlier delivery date. Types of Illinois Letters and Notices for Proposing Additional Terms — Earlier Delivery Date: 1. Standard Illinois Letter and Notice to Seller Accepting Offer But Proposing Earlier Delivery Date: This type of letter is commonly used by homebuyers in Illinois to formally accept a seller's offer for a property while requesting an adjustment to the original terms, specifically the delivery date. The buyer proposes a revised timeline, ensuring an earlier delivery date that aligns better with their needs or preferences. 2. Illinois Amendment Letter and Notice to Seller Accepting Offer But Proposing Earlier Delivery Date: Sometimes, buyers may wish to propose changes to other terms along with the earlier delivery date. In such cases, this amendment letter can be used to address multiple revised conditions, including the delivery date, purchase price, contingencies, or any other relevant aspect mentioned in the initial offer. 3. Illinois Contingent Offer Letter and Notice to Seller Accepting Offer But Proposing Earlier Delivery Date: When a buyer submits a contingent offer, such as subject to the sale of their current property, and still desires an earlier delivery date, this type of letter is used. It enables the buyer to accept the seller's offer, including the contingency clause, while suggesting that the closing and delivery dates be advanced. 4. Illinois Cash Offer Letter and Notice to Seller Accepting Offer But Proposing Earlier Delivery Date: Buyers using a cash offer to purchase a property in Illinois can also employ this letter to propose an earlier delivery date. Cash buyers may wish to expedite the closing process, and this letter serves as a formal request to the seller to modify the agreed-upon timeframe outlined in the original offer. By utilizing an Illinois Letter and Notice to Seller Accepting Offer But Proposing Additional Terms — Earlier Delivery Date, buyers in the state can effectively communicate their desire for a revised timetable, ensuring a smoother real estate transaction process that accommodates their specific needs and preferences.
