Contracts
A Maryland buyer submits an offer that the seller partially accepts — accepting some terms but not all. This constitutes a:
ARatified contract
BCounteroffer that rejects the original offer✓ Correct
CConditional acceptance
DVoidable contract
Explanation
A partial acceptance that modifies any terms of the original offer constitutes a counteroffer, which legally rejects the original offer and creates a new one.
Related Maryland Contracts Questions
- In Maryland, specific performance as a remedy in a real estate contract means:
- In Maryland, a contract for the sale of real estate that lacks adequate consideration is:
- A Maryland buyer submits an offer with an earnest money deposit check. Before the seller accepts, the buyer calls to withdraw the offer. The earnest money check:
- In Maryland, the Maryland Residential Property Disclosure and Disclaimer Statement must be provided to buyers of residential property:
- The Maryland Residential Property Disclosure and Disclaimer Statement requires sellers to:
- A Maryland sales contract includes an appraisal contingency. If the home appraises at $20,000 below the purchase price, the buyer may:
- In Maryland, a lease-purchase agreement differs from a lease-option in that:
- An option contract in Maryland gives the optionee the:
Practice More Maryland Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Maryland Quiz →