Counter Offer (F8) at a glance
What it is: This Counter Offer, from Seller to Buyer or Buyer to Seller, accepts the Purchase and Sale Agreement with the exceptions written on it.
Who signs: The Seller or Buyer making the counter offer signs on the SIGN line and enters the DATE. The Seller or Buyer responding enters the o'clock with am or pm, and the day, then signs on the SIGN line as Responding Party.
A filled-in Counter Offer (F8) example: a Counter Offer with one exception

How to fill out Counter Offer (F8), box by box
Counter Offer from Seller to Buyer or Buyer to Seller, and the agreement
With the following exceptions

Write the exceptions after "With the following exceptions:". All other terms and conditions of the original attached Purchase and Sale Agreement are acceptable to the undersigned.
All terms and conditions proposed in previous Counter Offers, if any, are not included in this Counter Offer unless restated herein.
Time Limit of Offer

Time Limit of Offer: This Offer may be withdrawn at any time before acceptance with notice. Offer terminates if not accepted by the o'clock, am or pm, local time, on the day you enter.
Until notice of acceptance is delivered the subject Property is still on the market for sale, and this offer may be revoked at any time with notice, and the Property may be sold to any other party.
Signing as the party making the counter offer
Accepted, rejected or countered
More rules for Counter Offer (F8)
This Counter Offer form will not be a part of the Purchase and Sale Agreement and be binding until accepted and signed by all parties.
This form is to be used as is: you agree and covenant not to alter, amend, or edit said form or its contents except as where provided in the blank fields.
Sources
[1] Counter Offer, F8, Tennessee Association of Realtors, Version 2/01/2014 (the Official source link on this page).




