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Escalation Clauses

Updated: Dec 26, 2023

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

Related for Buyers:

Related for Sellers:

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