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CAUTION: Use a WB-41 Notice if a Party is giving a Notice which does not require the other Party's agreement. Use a WB-40 Amendment if both Parties will be agreeing to modify the terms of the Offer.
As stated in the caution immediately following the form title, the WB-40 Amendment to Offer to Purchase is used when both parties are agreeing to modify the terms of an accepted offer to purchase.
A Seller's \u201cright to cure\u201d does not mean that the Seller must cure any defects uncovered during a home inspection. Rather, a Seller's \u201cright to cure\u201d means that the Seller simply has the option to cure a defect once the Buyer notifies the Seller that there are defects to which the Buyer objects.
As stated in the caution immediately following the form title, the WB-40 Amendment to Offer to Purchase is used when both parties are agreeing to modify the terms of an accepted offer to purchase.
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