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."
The Montana Letter and Notice to Buyer Accepting Counteroffer — Acceptance with Additional Terms is a legal document that serves as a written acknowledgment and acceptance of a counteroffer in a real estate transaction in the state of Montana. It outlines the terms and conditions of the counteroffer and includes any additional conditions or amendments proposed by the buyer. This document allows the buyer to specify any additional terms or conditions that they wish to include in the final agreement and ensures that both parties are in agreement before proceeding with the transaction. It serves as a binding agreement once both parties have signed it, indicating their acceptance of the counteroffer and the additional terms outlined within. Some relevant keywords for this document include: 1. Montana real estate transaction: This refers to the specific context in which the document is used, indicating that it is applicable to real estate transactions taking place in Montana. 2. Counteroffer acceptance: This highlights that the document pertains to the acceptance of a counteroffer in a real estate transaction. It demonstrates that the buyer agrees to the revised terms proposed by the seller. 3. Additional terms: This signifies that the buyer wishes to include specific conditions or amendments, beyond what was originally offered, in the final agreement. These additional terms can be outlined in this document. 4. Legal document: Emphasizes that the Montana Letter and Notice to Buyer Accepting Counteroffer is a legally binding document, ensuring both parties adhere to the agreed-upon terms and conditions. 5. Binding agreement: Indicates that once both the buyer and seller have signed the document, it becomes a binding agreement and sets the terms for the real estate transaction. Different types or variations of the Montana Letter and Notice to Buyer Accepting Counteroffer — Acceptance with Additional Terms can have slight modifications based on the specific details of the real estate transaction. However, the basic purpose and structure remain the same — acceptance of a counteroffer and inclusion of additional terms proposed by the buyer.
