WB-44 Counter Offer Form PDF Details

Engaging in the realm of real estate transactions often involves a series of negotiations until both parties reach a mutual agreement. Amid these negotiations, the WB-44 Counter Offer form plays a pivotal role within the state of Wisconsin. As sanctioned by the Wisconsin Real Estate Examining Board effective from January 1, 2016, this form serves as a structured method for a buyer or seller to propose alternate terms following an initial offer to purchase real estate. This form meticulously outlines the process for making a counter-offer, specifying that each counter should be numbered sequentially to ensure clarity in negotiations. It emphasizes that the counter-offer stands as a rejection of the previous offer, introducing new terms while retaining aspects of the original offer unless explicitly modified. Additionally, it underscores the importance of timely and precise communication, as a counter-offer is only binding if accepted within the timeframe specified within the document. Furthermore, it contains provisions for the inclusion of attachments that form part of the counter-offer, warranties, and representations that survive closing, and details regarding the delivery and acceptance of the counter-offer. The document also sets forth conditions under which the counter-offer can be withdrawn prior to acceptance, underscoring the dynamic and fluid nature of real estate negotiations. With signatures from both parties involved, alongside details of the real estate professionals facilitating the transaction, the WB-44 form embodies a crucial element in navigating the complexities of buying or selling property, ensuring clarity and procedural integrity in counter-offers.

QuestionAnswer
Form NameWB-44 Counter Offer Form
Form Length1 pages
Fillable?Yes
Fillable fields39
Avg. time to fill out8 min 3 sec
Other nameswisconsin wb seller, wisconsin counter offer form, wisconsin real purchase, offer counter purchase

Form Preview Example

Approved by Wisconsin Real Estate Examining Board

10-1-15 (Optional Use Date) 1-1-16 (Mandatory Use Date)

WB-44 COUNTER-OFFER

Counter-Offer No. __________ by (Buyer/Seller) STRIKE ONE

NOTE: Number this Counter-Offer sequentially, e.g. Counter-Offer No. 1 by Seller, Counter-Offer No. 2 by Buyer, etc.

1The Offer to Purchase dated ____________________ and signed by Buyer __________________________________

2 for purchase of real estate at _______________________________________________________________________

3 _______________________________________________ is rejected and the following Counter-Offer is hereby made. 4 CAUTION: This Counter-Offer does not include the terms or conditions in any other counter-offer or multiple 5 counter-proposal unless incorporated by reference.

6 All terms and conditions remain the same as stated in the Offer to Purchase except the following: _________________

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28The attached _____________________________________________________ is/are made part of this Counter-Offer.

29Any warranties, covenants and representations made in this Counter-Offer survive the closing of this transaction.

30This Counter-Offer is binding upon Seller and Buyer only if a copy of the accepted Counter-Offer is delivered to the

31Party making the Counter-Offer on or before ________________________________________________________

32(Time is of the Essence). Delivery of the accepted Counter-Offer may be made in any manner specified in the Offer to

33Purchase, unless otherwise provided in this Counter-Offer.

34NOTE: The Party making this Counter-Offer may withdraw the Counter-Offer prior to acceptance and delivery

35as provided at lines 30-33.

36This Counter-Offer was drafted by _________________________________________ on _______________________

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Licensee and Firm ▲

Date ▲

38(x) ___________________________________________

39 Signature of Party Making Counter-Offer ▲

Date ▲

40Print name

41(x) ___________________________________________

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Signature of Party Making Counter-Offer ▲

Date ▲

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Print name

 

(x) ____________________________________________

Signature of Party Accepting Counter-Offer ▲ Date ▲ Print name

(x) ____________________________________________

Signature of Party Accepting Counter-Offer ▲ Date ▲ Print name

44This Counter-Offer was presented by __________________________________________ on ____________________

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Licensee and Firm ▲

Date ▲

46This Counter-Offer is (rejected)(countered) STRIKE ONE (Party’s Initials) ___________ (Party’s Initials) __________

47NOTE: Provisions from a previous Counter-Offer may be included by reproduction of the entire provision or

48incorporation by reference. Provisions incorporated by reference may be indicated in the subsequent Counter-

49Offer by specifying the number of the provision or the lines containing the provision. In transactions involving

50more than one Counter-Offer, the Counter-Offer referred to should be clearly specified.

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This form needs some specific details; in order to guarantee accuracy and reliability, please make sure to adhere to the guidelines below:

1. While filling out the form wb 44, be sure to incorporate all of the needed fields in the associated part. It will help to speed up the work, which allows your details to be handled swiftly and appropriately.

Filling in part 1 of wisconsin 44 form

2. Immediately after this section is filled out, go on to type in the relevant information in these: The attached isare made part of, This CounterOffer was drafted by, Licensee and Firm, Date, x x Date Signature of Party, and Print name.

Learn how to fill in wisconsin 44 form stage 2

3. The following portion will be about x x Date Signature of Party, Print name, Licensee and Firm, Date, This CounterOffer is, and NOTE Provisions from a previous - fill out each of these blank fields.

Licensee and Firm, Print name, and This CounterOffer is in wisconsin 44 form

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