A seller receives two offers simultaneously on their Alberta property. What is the seller's obligation?
Correct Answer
B) The seller may accept, reject, or counter any offer and is not obligated to accept the highest one
In Alberta, a seller has the right to accept, reject, or counter any offer on their property. There is no legal obligation to accept the highest offer or the first offer received. The seller may choose based on any criteria, including price, conditions, completion date, or other terms.
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