Contracts
A counteroffer in a Florida real estate transaction legally:
AKeeps the original offer alive while adding conditions
BRejects the original offer and creates a new offer✓ Correct
CRequires FREC approval before it is valid
DMust be made within 24 hours of the original offer
Explanation
A counteroffer legally rejects the original offer and creates a new offer. Once a counteroffer is made, the original offer is terminated. The original offeror is now free to accept or reject the counteroffer but cannot go back to the original terms.
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