@Roy JohnsonThe reason I am asking is that this potential buyer was and always was, could not make up his mind and captivated the market house while he was doing it. After he did not like the results of the inspection of the house which he cancelled several times, and then it was reprogrammed, he tried to get his serious money back. The date of the contract was the 25th. I had to sign a form for unlocking his serious money. On the form, they put the mandatory contract date to 29 instead of the 25. There is something funny about this date that changes @Jack Walker: you can have a contract/offer date different from the date of the contract. The date of the contract is the date on which the seller signs the offer made by the buyer. For example, the offer date might have been a Monday and the seller accepts and signs Wednesday. Monday is the date of the offer and Wednesday is the deadline of the contract. The main thing that needs to be known is that the buyer came out of the contract during his due diligence or after due diligence, when did it happen? Many people, including some agents, have a misunderstanding that it starts at the time of someone`s last signing that is a part of the contract (buyer or seller), but this is not the case in Georgia. If the buyer and his representative submit an offer and send it on Tuesday, June 10 to the listing agent and need a response until 17.m. on June 12, but the sellers sign the contract without modification on the evening of June 10 and the agent picks up the phone and calls the buyer`s agent, they might think that the Diligence has begun, but in Georgia it has not.

This date is indicated as a number of days from the date of the commitment agreement. If this number is 18 days, the assessment quota expires on the 20th at midnight. So what happens at 12:01 on the 21st? The option to ask the seller to reduce the price to a less appeasement amount than the purchase price expires. To require the seller to have an adjusted purchase price as a result of the valuation, a written amendment submitting such an application must be submitted to the seller at the same time as the PRIOR assessment of the time frame. NOTE: There is a section on the date of the commitment agreement on the F9 form, the purchase and sale contract and in the F8 form, the counter-offer form. In the event that a counter-offer has been accepted, the date of the binding agreement will be recorded on the counter-offer form. The basic key – the date of the commitment agreement is placed on the document (whether it is the offer or the counter-offer) signed by both the buyer and the seller for the creation of the contract. In the example above, the date of the binding agreement of April 4, 2007 at 2 p.m.

.m would amount to the counter-offer signed by both the buyer and the seller.