Contracts
A 'backup offer' in Pennsylvania is made when:
AA second buyer makes an offer in case the first buyer's offer is rejected
BA buyer makes an offer contingent on the current contract (with another buyer) falling through✓ Correct
CA seller prepares a counter-offer before receiving any offer
DA broker creates a draft agreement before showing the property
Explanation
A backup offer is an accepted offer that becomes primary if the existing contract (with another buyer) is terminated. The backup buyer knows another contract is in place and agrees to wait. If the first contract fails, the backup moves into first position. This protects sellers from starting over after a deal falls through.
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