A counter offer is an offer made in response to a previous offer by the other party during negotiations for a final contract. It is a new offer made in response to an offer received. It has the effect of rejecting the original offer, which cannot be accepted thereafter unless revived by the offeror. Making a counter offer automatically rejects the prior offer, and requires an acceptance under the terms of the counter offer or there is no contract.
A Mississippi Letter of Conditional Acceptance — Counter offer to Property Owner from Prospective Tenant is a formal document used during the negotiation process between a tenant and a property owner in Mississippi. It serves as a means to express a counter offer to the lease agreement or terms proposed by the property owner. In this letter, the prospective tenant outlines their specific conditions or changes they would like to make to the original lease agreement. These conditions could include alterations to rental price, lease duration, repairs, maintenance responsibilities, pet policies, or any other terms that the tenant finds necessary for their comfort and convenience. The Mississippi Letter of Conditional Acceptance — Counter offer to Property Owner from Prospective Tenant should include relevant keywords such as: 1. Lease Agreement: Referring to the contractual arrangement that establishes the terms and conditions between the tenant and the property owner. 2. Counter Offer: Signifies the tenant's response to the initial offer made by the property owner, proposing changes or conditions. 3. Property Owner: The individual or entity that owns the property and is party to the negotiation. 4. Prospective Tenant: The person interested in leasing the property who is making the counter offer. 5. Conditional Acceptance: Reflecting the tenant's intention to accept the offer with specific conditions attached. 6. Rental Price: The agreed-upon amount of money payable by the tenant for the use of the property. 7. Lease Duration: The length of time the tenant will occupy the property as specified in the lease agreement. 8. Repairs: Refers to any necessary fix-ups or maintenance work required on the property, such as plumbing, electrical, or structural repairs. 9. Maintenance Responsibilities: Outlining who is responsible for maintaining different aspects of the property, including yard work, snow removal, or general upkeep. 10. Pet Policies: Addressing the guidelines and restrictions related to keeping pets on the property, such as size limitations or breed restrictions. Different types of Mississippi Letter of Conditional Acceptance — Counter offer to Property Owner from Prospective Tenant can include variations in specific terms and conditions proposed by the tenant. Each counter offer is unique to the individual needs and preferences of the tenant, resulting in various types specific to the negotiation at hand.
