21/10/2026
As a buyer, the moment you sign an Offer to Purchase (OTP) and present it to the seller, you are taking a legally binding step.
If the seller accepts and signs, that document instantly becomes an enforceable contract. Walking away or altering the terms afterwards is far more complex — and potentially costly — than most buyers realize.
An Offer to Purchase is not a draft or a casual negotiation tool. Never sign it assuming you can "iron out the fine print" later.
Read it. Understand every clause. Consult Harris Billings Attorneys before you sign.