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Form #905

Back Up Offer Addendum

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Back Up Offer Addendum Contract - free to use

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BACK UP OFFER ADDENDUM

 

 

This Contract, known as a "Back Contract" is contingent upon the termination of all contractual rights and/or obligations specified in the Contract to Purchase dated ___________________ (Date) referred to as "Prior Contract", for the purchase and sale of the property in the Contract to Purchase.  This Contract shall become binding upon the parties when the "Prior Contract" is legally terminated and is null and void and without force.

 

This "Back Contract" becomes null and void with the closing of the "Prior Contract", with no liability to the Seller or Buyer and with earnest money returned to the Buyer.

 

Nothing herein shall prevent the Seller from extending the time of closing of the "Prior Contract", but not to exceed 15 (fifteen) days.

 

The Buyer shall have the right, in his sole discretion, to revoke this "Back Contract" at any time before the "Prior Contract" is either fulfilled or terminated.

 

Date:  _____________________

 

 

 

___________________________               ____________________________

Buyer                                                            Seller

 

 

 

___________________________               ____________________________

Buyer                                                            Seller



 
Contributed by
Anonymous4
 
Name of Firm Anonymous4
Total Forms Contributed 75
 

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Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, or any other commercial use is prohibited. This includes reposting forms from this site to another site offering free legal or other document forms for download.

Please note that the donator may have included different usage terms regarding this form, and you agree to abide by these terms. It is highly recommended that you have a licensed attorney review any legal documents for which you are searching in order to make sure that your needs are being properly and completely satisfied.

Your use of this site constitutes your acceptance of our terms of use and your agreement to hold this site, its officers, employees and any contributors to this site harmless for any damage you might incur from your use of any submissions contained on this site. If you do not agree to the above terms, please do not proceed.

These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
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