Definition of "Acceptance in Real Estate" ... In real estate acceptance is applied in real estate transactions in the buying or selling of property when one individual makes an offer to purchase a house and the other decides to accept that offer or not.
Acceptance In Real Estate
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The inspection typically occurs 7 – 10 days after the offer is accepted, and allows the home buyer and inspector a chance to privately view the home. As the seller is not present for the inspection, you'll have a few tasks that must be completed in preparation for the home inspection.
What To Expect After Accepting An Offer On Your Home
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If a person agrees to all the conditions of an offer made to him without placing any counter-condition, the communication of such assent to the offerer is called an acceptance, provided it's done with the intention of accepting the offer. Sometimes, the conduct of the offeree may constitute expression of acceptance.
Offer and Acceptance: Everything You Need to Know - UpCounsel
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