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Rejecting Counter Offer Template for New Zealand

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Key Requirements PROMPT example:

Rejecting Counter Offer

"I need to draft a Rejecting Counter Offer document for a commercial property purchase in Auckland, responding to a counter offer received on January 15, 2025, which proposed a 15% higher purchase price than our original offer; we want to maintain a professional relationship for future opportunities."

Document background
The Counter Offer Rejection document is a crucial business communication tool used when an original offeror decides not to accept modified terms proposed by the counter-offering party. This document type is particularly important in New Zealand's business environment, where clear communication in contract negotiations is essential under the Contract and Commercial Law Act 2017. A Rejecting Counter Offer document should be used when parties are in negotiation and the original offeror wishes to formally decline alternative terms proposed by the other party. It typically includes reference to both the original offer and counter offer, clear rejection language, and optionally, reasons for rejection or alternative proposals. The document helps maintain professional relationships while ensuring legal clarity in business negotiations and can be used across various industries and transaction types within New Zealand's jurisdiction.
Suggested Sections

1. Recipient Details: Full name, title, and address of the counter-offering party

2. Reference Line: Clear reference to the original offer and counter offer, including relevant dates and any reference numbers

3. Acknowledgment: Formal acknowledgment of receiving the counter offer

4. Clear Rejection Statement: Explicit and unambiguous statement of rejection of the counter offer

5. Brief Explanation: Concise explanation of key reasons for rejection (if appropriate)

6. Next Steps: Clear statement about whether this concludes negotiations or if there's openness to further discussion

7. Closing: Professional closing with full signature block and contact details

Optional Sections

1. Alternative Proposal: Include if proposing different terms or conditions while rejecting the current counter offer

2. Timeline Reference: Include when there are specific time constraints or deadlines relevant to the transaction

3. Document Return: Include if there are any documents or materials that need to be returned to the counter-offering party

4. Legal References: Include when specific legal provisions or contractual terms need to be cited to support the rejection

Suggested Schedules

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

2. Counter Offer Summary: Optional attachment summarizing key terms of the counter offer being rejected

3. Supporting Documentation: Any relevant supporting documents that justify or explain the rejection decision

Authors

Alex Denne

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

Relevant legal definitions















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Relevant Industries

Real Estate

Construction

Manufacturing

Professional Services

Retail

Wholesale Trade

Information Technology

Financial Services

Agriculture

Mining

Transportation

Healthcare

Education

Legal Services

Consulting

Relevant Teams

Legal

Procurement

Commercial

Sales

Business Development

Operations

Finance

Risk and Compliance

Corporate Secretariat

Contract Administration

Executive Leadership

Relevant Roles

Chief Executive Officer

Managing Director

Commercial Manager

Procurement Manager

Contract Manager

Legal Counsel

Business Development Manager

Sales Director

Operations Manager

Project Manager

Finance Manager

Property Manager

Purchase Manager

Account Executive

General Counsel

Corporate Secretary

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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