What signifies a buyer’s acceptance of different terms in a real estate transaction?

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In a real estate transaction, a buyer's acceptance of different terms is signified by a counterproposal. A counterproposal occurs when one party responds to an initial offer with differing terms. This indicates that the original offer was inspected, but the recipient has suggestions or requirements that are different from what was initially presented.

This process is important in negotiation, as it allows both parties to communicate their needs and desires for the transaction, aiming for a mutually agreeable outcome. Once a counterproposal is made, it typically initiates another round of negotiations, where the original offeror may accept the new terms, propose further changes, or adhere to the original terms.

The concept of withdrawal refers to one party retracting their interest or offer, while an agreement occurs after both parties accept the same terms, and an offer is the initial proposal made by one party to another. None of these concepts captures the nuance of altering terms in response to an offer, which is why a counterproposal is the correct answer.

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