Page 13 - SELLER AND BUYER DISCLOUSURES
P. 13
..r C A L I FOR NI A
- ASSOCIATION SELLER MULTIPLE COUNTER OFFER No. - - -
(C.A.R. Fonn SMCO, Revised 12/18)
O F REALTORS ®
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This Is a counter offer to the: Purchase Agreement, 0 Other - - - - - - - - - - - - - - - - - - - - - - - - = Date _ _ _ _ _ _ _ rOffer"),
dated _ _ _ _ , on property known as 123 TEST, ANY. C A 92374 ("Property"),
between ("Buyer")
and ("Seller").
1 . TERMS: The terms and conditions of the above referenced document are accepted subject to the following:
A. Paragraphs In the Offer that require Initials by all part.lea, but are not lnltlaled by all parties, are excluded from the final agreement
unless speclflcally referenced for Inclusion In paragraph 1 C of this or another Counter Offer.
B. Unless otherwise agreed In writing, down payment and loan amount(s) will be adfusted In the same proportion as In the original Offer,
but deposit amount(s) shall remain unchanged from the original Offer.
C. OTHER TERMS:
D. The following attached addenda are Incorporated into this Multiple Counter Offer: QAddendum No. - - - - - - - - - - -
□-= -= = - , , : - , , , -, - , - , - : , - - e =- . , . - - : -□
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2. BINDING EFFECT: Seller is making Multiple Counter Offers to other prospective Buyers on terms that may or may not be the same as In this
Multiple Counter Offer. This Multiple Counter Offer does not bind Seller and Buyer unless .ill. of the following occur In lhe times specified below:
Seller signs In paragraph 5, Buyer signs In paragraph 7 , Seller signs in paragraph 8, and Buyer receives a copy of the Multiple Counter Offer w it h
all of the signatures. (Note: Prior to the completion of ill1 of the foregoing, Buyer and Seller shall have no duties or obligations for the purchase or
sale of the Property.)
3. EXPIRATION OF SELLER MULTIPLE COUNTER OFFER: This Multiple Counter Offer shall be deemed revoked and the deposits, If any, shall be
returned to Buyer unless by 5:00PM on the third Day After the date Seller signs In paragraph 5 (If more than one Seller, then the last date) (or by
_ _ _ _ O AM O PM on _ _ _ _ _ _ _ (Date)), (I) it Is signed In paragraph 7 by Buyer, and (II} a copy of the Multtple Counter
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Offer signed by Buyer Is personalty received by SeUer or _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ , who Is authorized to receive It;
4. MARKETING TO OTHER BUYERS: Seller has the right to continue to offer the Property for sale. Seller has the right to accept any other offer
received, prior to Seller selection of this Multiple Counter Offer.
5. SELLER MAKES THIS MULTIPLE COUNTER OFFER ON THE TERMS ABOVE AND ACKNOWLEDGES RECEIPT OF A COPY.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Date _ _ _ _
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - D a t e _ _ _ _
6. ACCEPTANCE OF SELLER MULTIPLE COUNTER OFFER: Buyer's acceptance of this Seller Multiple Counter Offer shalt be deemed revoked and
the deposit, if any, shall b e returned to Buyer unless by 5:00PM on the fourth Day After the date Seller signs in paragraph 5 (if more than one Seller,
then the last date) (orby - - - - □ A M O PM on - - - - - - - < D a t e ) (I) It Is signed In paragraph 8 by Seller, and (II) a copy of this
Seller Muftiple Counter Offer signed by Seller In paragraph 8 Is personally received by Buyer or _ _ _ _ _ _ _ _ _ _ _ who Is
authorized to receive l
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7. ACCEPTANCE: Buyer accepts the above MulUple Counter Offer (If checked □ SUBJECT TO THE ATTACHED COUNTER OFFER
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# _ _ _ _ _ ) and acknowledges receipt of a Copy.
- - - - - - - - - - - - - - - - - - - - - - - - - Date _ _ _ _ Tlme _ _ _ _ QAMJ□P M
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Date Time OAMlOPM
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SELECTION OF ACCEPTED MULTIPLE COUNTER OFFER: By signing below, Seiter accepts this Multiple Counter Offer. NOTE TO SELLER: Do
NOT algn in this box until after Buyer signs in paragraph 7. DO NOT sign In this b o x If this Seller Multlple Counter Offer Is subject to a n attached
Counter Offer.
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_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Date _ _ _ _ Time _ _ _ O A M /O P M
Date Time OAMtO P M
( _ _ _ / _ _ _ ) (Initials) Confirmation of Acceptance: A Copy of the Signed Seller Selection was personally received by Buyer or Buyer's
authorized agent on (date) at □AMI O PM. A binding Agreement Is c:Rated when • Copy
. . . , . . - - - - - , . . . . - - , . . . . . . . . . . . , . - : - - - = - - - �
- - - e - - - - . - - -
of the Signed Seier Selectlon t personalty received by Buyer or Buyer's authorized agent whether or not conflnned In this doc:ument,
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C 2015, Calfomla Asaoclallon of R E A L TORS®, In c .
THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REAL TORS® (C.A.R.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALl)fTY OR
ACCURACY OF N f f PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE
TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIAlE PROFESSIONAi...
1 1 Published end Distributed by:
REAL ESTATE BUSINESS SERVICES, LLC.
a subsidiary of the Cslifomia Association of REAL TORS®
5 2 5 South Virgil Avenue, Los Angeles, Callfomia 90020
SMCO REVISED 12/18 (PAGE 1 OF 1)
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SELLER MULTIPLE COUNTER OFFER SMCO PAGE 1 F 1
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