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MULTIPLE OFFER ADDENDUM HIGHEST AND BEST PRICE AND TERMS Property Address: Buyer(s): Seller: The Seller has received multiple offers on the Property, and has requested each party to respond within

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What is multiple offer addendum highest?

The multiple offer addendum highest is a form used in real estate transactions to indicate the highest offer among multiple offers received for a property.

Who is required to file multiple offer addendum highest?

The seller or seller's agent is usually responsible for filling out and filing the multiple offer addendum highest.

How to fill out multiple offer addendum highest?

The form typically requires inputting the details of each offer received, including the offer price, terms, and any contingencies.

What is the purpose of multiple offer addendum highest?

The purpose of the multiple offer addendum highest is to transparently identify the highest offer and facilitate the selection of the winning bid in a fair and competitive manner.

What information must be reported on multiple offer addendum highest?

The form must include details of each offer received, such as the offer price, terms, contingencies, and the identity of the buyers.

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