What is the revival of offer to purchase form used for?

• A. This form is used by a buyer to revive an offer to purchase in which a condition in the offer was not satisfied, removed, or waived before the condition expired.
• B. It is used to create a new offer from scratch
• C. It is used to extend the deadline on the original offer
• D. It is not used in Manitoba Real Estate practice

Answer: (A)

The main idea is to keep an existing deal alive when a condition hasn’t been satisfied by its deadline. The revival of offer to purchase form reactivates the conditional part of the existing offer, giving the parties a new period to satisfy that condition while keeping the rest of the terms intact. It’s used when a buyer still wants to proceed but the condition was not satisfied, removed, or waived before the original condition expired, so a fresh timeline is set under the same agreement. It isn’t about drafting a brand-new offer, nor is it just a simple extension of the original deadline without reviving the offer, and this form is indeed used in Manitoba practice.