Counteroffer To Seller/counteroffer To Buyer - Chicago Association Of Realtors

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RIDER 1
Rev. 01/2012
COUNTEROFFER TO SELLER / COUNTEROFFER TO BUYER
This Contract is Intended to be a Binding Real Estate Contract
In response to the offer ("Offer") made by _________________________________________________________________ ("Buyer") to
1
________________________________________________________ ("Seller") dated ________________________, 20____ for the
2
purchase
3
of:_____________________________________________________________________________________________________ ("Property"),
4
5
(address)
(unit #)
(city)
(state)
(zip)
the following counteroffer is hereby submitted: ________________________________________________________________________
6
____________________________________________________________________________________________________________________
7
____________________________________________________________________________________________________________________
8
OTHER TERMS: All other terms to remain the same as in the Offer. In the event of a conflict between the terms in the
9
Offer and the terms in this counteroffer, the terms in this counteroffer shall control.
10
RIGHT TO ACCEPT OTHER OFFERS: Seller reserves the right to accept any other offer until Seller receives a fully
11
executed copy of this counteroffer from Buyer.
12
EXPIRATION: Seller's counteroffer shall expire unless Seller or Seller's designated agent receives Buyer's written
13
acceptance of this counteroffer on or prior to __________________________, 20____.
14
__________________________________________
____________________________________________
15
SELLER
DATE
SELLER
DATE
BUYER ACCEPTS THIS COUNTEROFFER:
16
__________________________________________
____________________________________________
17
BUYER
DATE
BUYER
DATE
In response to the counteroffer ("First Counteroffer") made by _______________________________________________________
18
("Seller") to _____________________________________________ ("Buyer") dated ______________________, 20____ for the
19
purchase
20
of:_____________________________________________________________________________________________________ ("Property"),
21
22
(address)
(unit #)
(city)
(state)
(zip)
the following counteroffer is hereby submitted: ________________________________________________________________________
23
____________________________________________________________________________________________________________________
24
____________________________________________________________________________________________________________________
25
OTHER TERMS: All other terms to remain the same as in the First Counteroffer. In the event of a conflict between the
26
terms in the First Counteroffer and the terms in this counteroffer, the terms in this counteroffer shall control.
27
RIGHT TO ACCEPT OTHER OFFERS: Seller reserves the right to accept any other offer until Seller delivers a fully
28
executed copy of this counteroffer to Buyer. Buyer reserves the right to withdraw this counteroffer any time prior to Buyer's
29
actual receipt of a fully executed copy of this counteroffer from Seller.
30
EXPIRATION:
Buyer's counteroffer shall expire unless Buyer or Buyer's designated agent receives Seller's written
31
acceptance of this counteroffer on or prior to __________________________, 20____.
32
33
BUYER
DATE
BUYER
DATE
SELLER ACCEPTS THIS COUNTEROFFER:
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5004573_v2
SELLER
DATE
SELLER
DATE
#5004573_v5

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