Real Estate Glossary

Acceptance

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Written by Richard Wilson

Acceptance refers to an offeree’s consent to enter into a contract. The offeree will then be bound by the terms and regulations of the offer. Depending on the nature of the offer, an offeree’s acceptance may be implied, partial, oral, or written.

Acceptance refers to an offeree’s consent to enter into a contract. The offeree will then be bound by the terms and regulations of the offer. Depending on the nature of the offer, an offeree’s acceptance may be implied, partial, oral, or written.

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Richard Wilson

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