House Offer With Conditions In Miami-Dade
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FAQ
The offeror, or person making the offer, must have the intention to be bound by what they are offering. The offeree, or person receiving the offer, must know about the offer and accept it for it to be accepted.
1) Offer must be capable of being accepted and giving rise to legal relationship. 2) Offer must be certain, definite and not vague. 4) Offer is different from invitation to offer. 7) Offer must be made to obtain the consent of the offeree.
A conditional offer lets you specify conditions that need to be met before the sale goes through, like getting a building inspection, LIM report, or finance approval. You need to meet those conditions within an agreed timeframe e.g. five working days.
The Requirements of an Offer The statement of offer must show intent—The statement must reasonably be interpreted to indicate an intention to enter into a binding agreement. ingly, statements made in jest, or that would not be considered reasonable, typically don't qualify.
The Requirements of an Offer The statement of offer must show intent—The statement must reasonably be interpreted to indicate an intention to enter into a binding agreement. The offer must be communicated to the other party—An agreement cannot exist unless the offer is communicated.
Legal Binding Agreement A legally binding agreement is formed when a valid offer is accepted. To be valid, the offer must be communicated clearly, showing an intention to form a contract. The acceptance must also be clear and mirror the terms of the offer exactly, ing to the mirror image rule.
Most of the loans offered for low- and moderate-income first-time homebuyers have down payments of 3%, so this likely will be required if you're buying a home.
The application process is now closed. Application assistance was available at the locations listed below from October 15, 2024, and November 11, 2024.
The Housing Advocacy hotline, 786-469-4545, is available Monday through Friday from 8 a.m to 5 p.m., and closed on weekends and County holidays. Register to submit inquiries and complaints online.
Yes. You may contact the Miami-Dade County Department of Public Housing and Community Development (PHCD) by calling (305) 723-1815 between a.m. and p.m. starting October 1, 2021, except holidays. You may also email any questions to ERAP@miamidade.
