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has gar changed the definition of a binding agreement date oh my goodness dana sparks broker of maximum one greater atlanta realtors and todays contract tip has to do with the 2022 gar george association of realtors contract package more specifically the definition of a binding agreement date has gar changed the definition perhaps lets look at the contract and see what it says so in the gar 2022 purchase and sale agreement and that is gar form f201 the first thing we need to look at is what is a binding agreement date what is the definition in paragraph c 5b binding agreement date it is defined as the binding agreement date shall be the date when a party to this transaction who has accepted an offer or counter offer to buy or sell real property delivers notice of that acceptance to the party who made the offer or counter offer in ance with the notices section of this agreement once that occurs the agreement shall be deemed to be binding so that gives us a clue so the next thing we ne