Counter Offer Decline Letter Template for Hong Kong

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Key Requirements PROMPT example:

Counter Offer Decline Letter

"I need a Counter Offer Decline Letter for a Hong Kong real estate transaction, declining a counter offer received on January 15, 2025, while keeping the original purchase offer open for another 5 business days and maintaining a positive relationship with the potential seller."

Document background
The Counter Offer Decline Letter is a crucial document in Hong Kong's commercial landscape, used when responding to modified terms proposed during contract negotiations. It becomes necessary when one party receives a counter offer but wishes to decline it while maintaining clear communication and professional relationships. The document must comply with Hong Kong's contract law principles and should clearly reference the original offer, acknowledge the counter offer received, and explicitly state its declination. The letter typically includes the reasoning behind the rejection and clarifies whether the original offer remains valid. This document is particularly important in Hong Kong's dynamic business environment, where clear communication in contract negotiations is essential for maintaining legal certainty and business relationships.
Suggested Sections

1. Recipient Details: Full name, title, and address of the recipient

2. Reference Information: Date, reference numbers, and subject line identifying the original offer and counter offer

3. Acknowledgment: Formal acknowledgment of receiving the counter offer, including relevant dates and key terms

4. Declination Statement: Clear and unambiguous statement declining the counter offer

5. Reasoning: Brief, professional explanation for declining the counter offer

6. Original Offer Status: Clear statement about the status of the original offer (whether it remains open or is withdrawn)

7. Closing: Professional closing statement, signature block, and contact information

Optional Sections

1. Alternative Proposal: Include when proposing alternative terms or conditions for future negotiation

2. Future Business: Include when wanting to maintain business relationship despite declining the counter offer

3. Deadline Information: Include when the original offer remains open but has a specific deadline

4. Confidentiality Statement: Include when the negotiation involves sensitive information or when required by prior agreements

Suggested Schedules

1. Original Offer Summary: Optional attachment summarizing key terms of the original offer for reference

2. Counter Offer Summary: Optional attachment summarizing the received counter offer for reference

3. Supporting Documentation: Any relevant documentation supporting the reason for declining, if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Real Estate

Commercial Trading

Manufacturing

Professional Services

Financial Services

Technology

Construction

Retail

Import/Export

Logistics

Consulting

Relevant Teams

Legal

Procurement

Commercial

Business Development

Operations

Sales

Contract Administration

Risk Management

Compliance

Executive Leadership

Relevant Roles

Contract Manager

Procurement Manager

Business Development Manager

Legal Counsel

Commercial Director

Chief Executive Officer

Managing Director

Operations Manager

Sales Director

Project Manager

Real Estate Agent

Property Manager

Negotiation Specialist

Risk Manager

Compliance Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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