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Real Estate Glossary

Counter offer

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Written by Luis Escobar

This is the rejection of a particular offer to buy or sell that at the same time presents a different offer that will change the terms in one way or another. Legally, the significance of a counteroffer is to make the original offer null and void.

This is the rejection of a particular offer to buy or sell that at the same time presents a different offer that will change the terms in one way or another. Legally, the significance of a counteroffer is to make the original offer null and void.

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Luis Escobar

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