top of page

Escalation Clauses in Real Estate

  • Writer: Adam Garrett
    Adam Garrett
  • Dec 21, 2023
  • 6 min read

Updated: May 2



What is an escalation clause?

Escalation clauses typically have a cap.

Escalation clauses specify an amount to go over the next highest offer.

What an escalation clause often looks like in Hampton Roads (52-line form)

What an escalation clause looks like (much more brief) typically in SE VA outside of Hampton Roads (& which could be used in some other states, though be sure to confirm with the contract & with local law before use)

Proof of funds &/or preapprovals

Virginia Association of Realtors info on escalation clauses

Escalation clause special inclusions to consider depending on circumstances

When not to use an escalation clause


Related for Buyers:


Related for Sellers:


Comments

Rated 0 out of 5 stars.
No ratings yet

Add a rating
bottom of page