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Acceptance, as it relates to real estate, is when a seller and a buyer mutually agree to all the terms and conditions of the contract and a copy of the offer/counter offer, signed by the last agreeing party is delivered to the other party. (Please refer to the purchase offer used in making an offer, to see the definition of "Acceptance" as it relates to your contract.)
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Not always! The Acceptance date is the date when the authorized party acknowledges the receipt of signed acceptance. This date is usually located on the last page of the purchase offer or toward the bottom of the counter offer, where the authorized party places initials and fills in the date and time of receipt. Only if the acknowledgement of the receipt of signed acceptance happens on the date the offer was made, the two dates will be the same.
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