Offeree
In one sentence
The person who receives an offer and has the power to accept or reject it.
Plain English
The offeree is the person to whom an offer is made. The offeree has the power to accept the offer (creating a contract), reject it, or ignore it. The offeree can also make a counteroffer with different terms. Until the offeree accepts, no contract exists, and the offeree has no legal obligation to respond.
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Example
A real estate agent shows you a house and the seller offers to sell it for $300,000. You are the offeree. You can accept the offer, reject it, or propose a lower price.
Used in a sentence
“The offeree had ten days to decide whether to accept the employment offer.”
Related terms
Offer
A proposal to enter into a binding agreement on specific terms.
Offeror
The person who makes an offer to enter into a contract.
Acceptance
Agreeing to the exact terms of an offer, creating a binding contract.
Consideration
Something of value exchanged by each party to make a contract binding.
Unilateral Contract
A contract where only one party makes a binding promise in exchange for the other's performance.
Legal Capacity
The legal and mental ability to enter into a binding contract.
Mutual Assent
Both parties agree to the same contract terms at the same time.
Meeting of the Minds
Both parties share the same understanding of a contract's essential terms.
This page is a plain-English reference and is not legal advice. Laws vary by jurisdiction and change over time. For specific situations consult a licensed attorney.