Final answer:
Yes, a counter offer form can be used as an alternative to amending the original offer, where the seller details any changes and signs it, and becomes binding once the buyer also signs it.
Step-by-step explanation:
The statement that a counter offer form can be used as an alternative to amending the original offer is true. In real estate transactions, when a seller wishes to make changes to the initial offer made by a buyer, instead of amending the original agreement of purchase and sale, they can issue a counter offer. This counter offer details each change the seller wants to make. It is itemized and clear, so the buyer knows exactly what the seller's terms are.
The seller signs the counter offer form to validate it. If the buyer agrees to these new terms, they would then also sign the counter offer form, at which point it would become a binding agreement between the two parties, provided all other contractual conditions are met.