Legal Form

Addendum to REPC (Multiple Offers)

This form should be used when the seller has received multiple offers and wishes to simultaneously send out multiple counteroffers. The key point to this form is that the seller reserves the right to notify which buyer will get the property. Until this notification is given, no binding contract is formed. This language prevents the seller from obligating themselves contractually to more than one buyer.

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Relevant Topics

Purchase & Lease Agreements