Jump Bid

Jump Bid

Jump Bid

_________________________, referred to herein as Customer offers to buy from _________________________, referred to herein as “Seller”, the following:

Item: ___________________________________
Price: $______________________________ plus $ ______________ over a firm offer in writing from a legitimate buyer, unrelated to Owner.  The other offer must be attached as Exhibit 1.

Terms: __________________________________

This is a firm offer under Section 2-205 of the Uniform Commercial Code and will remain open for 30 days from date of making except that Buyer reserves the right to reject the final price agreed upon by Owner’s other customer, with or without cause.

By _______________________________________________________

Dated: __________________________

The offer made by Buyer is accepted, and the following order entered as is provided in the offer.


Dated: __________________________

Jump Bid
Review List

This review list is provided to inform you about this document in question and assist you in its preparation.  A Jump Bid document is often used to obtain a one of a kind product such as an antique car, land, a house, or similar such object.  It is a useful approach for the buyer if accepted in whole or even if you receive a counter bid in return.  It is also helpful for the seller’s agent because they have all terms in writing and can use it to boost other offers made to them.

1.  Make multiple copies.  Give one to the signatory and another for the potential seller.



The information in this document is designed to provide an outline that you can follow when formulating business or personal plans. It is provided as is, and isn’t necessarily endorsed or approved by Due to the variances of many local, city, county and state laws, we recommend that you seek professional legal counsel before entering into any contract or agreement.

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