Contracts
In South Dakota, a seller who wishes to accept a buyer's offer but change one term (price, closing date, etc.) must:
ASign the offer and orally communicate the change
BIssue a written counteroffer, which rejects the original offer and creates a new offer✓ Correct
CContact the SDREC to modify the contract terms
DSimply cross out the term and initial the change
Explanation
Any change to an offer's terms constitutes a counteroffer, which rejects the original offer and creates a new offer. The original offeror (buyer) is then free to accept, reject, or counter.
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