How should a licensee handle changes made after a counteroffer is accepted?

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When a counteroffer is accepted, it establishes a binding agreement between the parties. At this point, any changes to the terms of that agreement can lead to complications. Specifically, alterations to the agreed-upon terms may indeed be viewed as a breach of contract, as they undermine the mutual consent that is necessary for a contract to remain valid.

It's crucial to understand that once both parties have accepted the counteroffer, they are bound by those terms, and any unapproved modifications could lead to legal ramifications or the potential invalidation of the contract. This reinforces the importance of clear communication and adherence to the agreed-upon terms in real estate transactions.

Therefore, recognizing that any unauthorized changes after acceptance may constitute a breach of contract highlights the need for diligence and formality in handling such agreements to ensure that the rights and obligations of the parties are maintained.

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