Document background
A Counter Offer Letter is essential in South African business negotiations when the recipient of an offer wishes to propose alternative terms while maintaining professional relationships and legal compliance. This document type is commonly used in various scenarios, from property transactions to employment negotiations, where the original terms require modification. Under South African law, a counter offer effectively terminates the original offer and creates a new proposal for consideration. The document must be carefully drafted to ensure clarity of terms and compliance with relevant legislation, including the Consumer Protection Act, Electronic Communications and Transactions Act, and common law principles. It typically includes reference to the original offer, clearly stated modified terms, reasoning for changes, and a validity period. The Counter Offer Letter serves as a crucial tool in commercial negotiations, helping parties reach mutually acceptable terms while maintaining legal formality and business professionalism.
