Structure
The Louisiana Counter Offer form plays a crucial role in real estate transactions, particularly when negotiations between buyers and sellers reach a pivotal point. This form allows sellers to propose changes to the original terms outlined in the Louisiana Residential Agreement to Buy or Sell, ensuring that both parties can reach a mutually agreeable contract. Key elements of the form include the property address, the specific date of the counter offer, and a section for referencing line numbers from the original agreement where modifications are suggested. By clearly stating the terms that remain unchanged alongside those that are being altered, the Counter Offer form facilitates transparent communication. Additionally, it includes a deadline for acceptance, emphasizing the time-sensitive nature of real estate negotiations. Both sellers and buyers must sign the document, which serves as a formal acknowledgment of the counter offer, thereby moving the transaction forward in a structured manner.
Sample - Louisiana Counter Offer Form
ACCEPTANCE OF COUNTER OFFER
Property address, street, city, state, zip
COUNTER OFFER
1 |
__________(A.M.) (P.M.) |
_(Date) |
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2The undersigned hereby makes the following Counter Offer to the Louisiana Residential
3 Agreement to Buy or Sell (the “Agreement”) dated
4 concerning Property at :
5 in ___________________________________ City; ______________________ Parish;
6 |
Louisiana between |
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as Seller(s) |
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7 |
and |
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as Buyer(s). |
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8 |
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9REFERENCE LINE NUMBERS FOR EACH COUNTER POINT FROM AGREEMENT
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32 All other terms and conditions of the Agreement shall remain in effect except as 33 modified by this Counter Offer.
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35 This Counter Offer is void if not accepted in writing on or before________ (A.M.)(P.M.) 36 (Noon) (Midnight) on _________________________________ (Date).
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38
39 X
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Sign Seller’s Full Name (First, Middle, Last) |
Sign Seller’s Full Name (First, Middle, Last) |
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41 |
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42 |
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43 |
Print Seller’s Full Name |
Print Seller’s Full Name |
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44 |
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45 |
Received by: |
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46 |
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Designated Agent Signature |
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47at __________ (A.M.) (P.M.) on ______________________________________ (Date).
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50
51 The above Counter Offer is hereby accepted at _________ (A.M.)(P.M.)
52on______________________________________________________________ (Date).
55X
56 |
Sign Buyer’s Full Name (First, Middle, Last) |
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Sign Buyer’s Full Name (First, Middle, Last) |
57 |
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58 |
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59 |
Print Buyer’s Full Name |
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Print Buyer’s Full Name |
purchaseAddendum_ COUNTEROFFER.DOC
Form Characteristics
| Fact Name | Details |
|---|---|
| Purpose | The Louisiana Counter Offer form is used to propose changes to an existing real estate agreement. |
| Governing Law | This form is governed by Louisiana state law, particularly the Louisiana Civil Code. |
| Acceptance Deadline | The Counter Offer must be accepted in writing by a specified time, or it becomes void. |
| Property Information | It requires specific details about the property, including address and parish. |
| Seller and Buyer Signatures | Both sellers and buyers must sign the form to validate the Counter Offer. |
| Modification Clause | All other terms of the original agreement remain in effect unless altered by the Counter Offer. |
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