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Multiple counter proposal

Wb 46 2025

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The document outlines the WB-46 Multiple Counter-Proposal form approved by the Wisconsin Real Estate Examining Board, which allows a seller to make a counter-proposal to one or more prospective buyers. It specifies that the terms may differ from other proposals and are not binding until accepted by the seller. The document includes sections for both buyer and seller signatures, indicating approval or rejection of the proposal, and emphasizes that any warranties made will survive the transaction's closing.

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When would a party not use a WB 46 multiple counter proposal?

A buyer should not use the WB-46 Multiple Counter- Proposal for negotiating with a seller. If a buyer agrees to all of the sellers terms included in the proposal, the buyer signs and dates the proposal.

How should a buyer draft a second counter offer so that the second counter offer includes the first three items of the first counter offer?

How should a buyer draft a second counter-offer so that the second counter-offer includes the first three items of the first counter-offer? State the terms of the second counter offer and incorporate the first three items of the first counter-offer by reference.

What is the effect on a transaction if a buyer accepts a sellers WB 46 multiple counter proposal?

If a seller issues a WB-46 Multiple Counter-Proposal to some or all of the prospective buyers, the buyers can accept, reject or counter their individual proposals. The seller-issued proposals are not binding on either party until binding acceptance, which must occur before the date listed on line 33.

What is a multiple counter proposal?

If the seller wishes to respond to several offers simultaneously, the seller needs to make a multiple counter offer. The seller may choose to send a multiple counter offer to some or all of the potential buyers.