Monday, 2 February 2015

Disclosure of multiple offers on property to winnerWhen there are multiple offers on a property, what is the law concerning disclosure of w...

Question

Disclosure of multiple offers on property to winner

When there are multiple offers on a property, what is the law concerning disclosure of what the other offer(s) were to the winner and to what extent. Does the winner have the right to see/request the other offers after the offer is accepted by the seller?



Answer

Re: Disclosure of multiple offers on property to winner

I don't believe you ever have to disclose any of the rejected offers to the person/entity whose offer you accepted. Why would it be their business?



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