In Texas, if an offer is drawn up by the buyer and their agent without an expiration date, how long could the offer remain valid?

In Texas, if an offer is created by a buyer and their agent but does not include an expiration date, the offer can remain valid for up to four years. This is based on the legal doctrine of "reasonable time," which holds that, in the absence of a specified expiration, a generic timeline applies to ensure that offers are acted upon within an appropriate period. The four-year duration is aligned with Texas’s statute of limitations for certain types of contracts. Thus, although it is always advisable for offers to include an expiration date to avoid ambiguity and ensure clarity, in situations where it is missing, the law provides a standard period during which the offer may still be accepted. This understanding is critical for agents and buyers to navigate the purchase process effectively.