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Get the free Form 36. Counteroffer Addendum to Real Estate Purchase and Sale Agreement

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Form 36 Counteroffer Addendum Rev. 7/10-Page 1 of 1 COUNTEROFFER ADDENDUM TO REAL ESTATE PURCHASE AND SALE AGREEMENT Copyright 2010 Northwest Multiple Listing Service ALL RIGHTS RESERVED January 26,
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How to fill out Form 36 Counteroffer Addendum to Real Estate

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How to fill out Form 36 Counteroffer Addendum to Real Estate

01
Review the original offer: Ensure you understand the terms of the initial offer made by the buyer.
02
Obtain Form 36: Access the Form 36 Counteroffer Addendum to Real Estate, which is typically available through real estate agents or online forms.
03
Fill in property details: Enter the address and details of the property at the top of the form.
04
State the counteroffer: Clearly outline the changes you are proposing to the original offer, including price adjustments and other terms.
05
Specify the response time: Indicate a timeframe for the buyer to respond to your counteroffer.
06
Include contingencies: If applicable, outline any contingencies that must be met for the offer to be valid.
07
Sign and date the form: Ensure all parties involved sign and date the counteroffer to confirm their agreement.
08
Deliver the form: Send the completed Form 36 to the buyer or their agent in a timely manner.

Who needs Form 36 Counteroffer Addendum to Real Estate?

01
Real estate sellers who wish to negotiate different terms with potential buyers.
02
Real estate agents representing sellers in a transaction.
03
Buyers who receive a counteroffer and need to understand the formal response process.
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Form 36 Counteroffer Addendum to Real Estate is a document used in real estate transactions to propose modifications to an original purchase offer, allowing the seller to convey specific changes to the buyer before finalizing the sale.
The seller or their real estate agent is typically required to file Form 36 Counteroffer Addendum to Real Estate when they wish to make changes to the terms of the initial offer made by the buyer.
To fill out Form 36, one should provide the details of the original offer, specify the changes being proposed, include any new terms such as price adjustments or closing dates, and have both parties review and sign the document.
The purpose of Form 36 is to facilitate negotiation between the buyer and seller by clearly delineating any amendments to the original offer, ensuring that both parties understand and agree to the new terms.
Form 36 must include information such as the original offer details, proposed changes to the terms (like price and contingencies), names and signatures of both parties, and relevant dates to ensure all conditions are formally documented.
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