Contracts
In NH, an offer to purchase real property becomes a binding contract when:
AThe buyer signs the offer
BThe seller verbally agrees to the offer
CThe seller signs the offer and communication of acceptance is received by the buyer or buyer's agent✓ Correct
DThe buyer delivers the earnest money deposit
Explanation
A contract is formed upon mutual assent: offer + acceptance. In NH, a binding contract exists when the seller signs (accepts) the offer and that acceptance is communicated back to the buyer or buyer's agent.
Related New Hampshire Contracts Questions
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