Contracts
In Michigan, an 'offer to purchase' becomes a binding contract when:
AThe buyer signs and delivers the offer
BBoth parties have signed and the acceptance has been communicated to the offeror✓ Correct
CThe earnest money is deposited
DThe offer is recorded with the register of deeds
Explanation
A Michigan real estate offer becomes a binding contract at the moment of offer, acceptance of all terms (without modification), and communication of that acceptance to the offeror. All three elements must be present.
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