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 New York Letter of Conditional Acceptance — Counter offer to Property Owner from Prospective Tenant is a written communication between a tenant and a property owner in New York. This letter serves as a response to a previous offer or lease agreement, outlining the tenant's request for certain conditions or changes before finalizing the rental agreement. With the intention of negotiation, the tenant proposes their counter offer through this letter. Different types of New York Letters of Conditional Acceptance — Counter offers to Property Owners from Prospective Tenants may include: 1. Rent Adjustment Counter offer: In this letter, the tenant may propose a lower rent amount than initially offered by the property owner. The tenant may justify the revised amount by considering factors such as market rates, property condition, or other comparable rentals in the area. 2. Duration of Lease Counter offer: The tenant may propose a different lease term than what was initially offered or suggested. This counter offer could consist of shorter or longer lease duration depending on the tenant's needs. 3. Maintenance and Repairs Counter offer: If the property requires certain repairs or improvements before the tenant moves in, they may propose a counter offer requesting the property owner to address specific maintenance issues before finalizing the agreement. 4. Utilities and Expenses Counter offer: The tenant may propose a revision to the division of utility charges or expenses associated with the property. They might request that some or all utilities be included in the rent, or negotiate a different arrangement regarding shared utility costs. 5. Pet Policy Counter offer: If the property owner has a strict pet policy, the tenant may propose altered terms such as allowing pets or requesting modifications to the existing pet policy by implementing additional security deposits or pet-related rules. 6. Modifications and Changes Counter offer: If the tenant has certain preferences or needs modifications to the property, they may outline these requests in the counter offer. This could include changes to the property layout, appliances, or any other specific features. In a New York Letter of Conditional Acceptance — Counter offer to Property Owner from Prospective Tenant, it is crucial to clearly articulate the desired modifications or conditions and provide a compelling justification for the changes being requested. The tenant should maintain a professional and courteous tone throughout the letter to foster a positive negotiating environment.
