Real Estate Letter Of Intent Template

You can open the Real Estate Letter Of Intent Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Real Estate Letter Of Intent Template

Printable | Editable Form



Examples


Real Estate Letter of Intent Template (1)
Between:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
And:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
Introduction:
This Letter of Intent (LOI) outlines the preliminary understanding between the Buyer and Seller regarding the potential purchase of the property located at [Property Address], [City], [State], [ZIP Code], effective as of [Date].
Clause 1: Description of Property
The property subject to this LOI includes: [Provide a detailed description of the property, including size, zoning, and any pertinent features].
Clause 2: Purchase Price
The Buyer proposes a purchase price of [Amount] for the property. This price is contingent upon further negotiations and due diligence.
Clause 3: Due Diligence Period
The Buyer will have a due diligence period of [Number] days from the date of execution of this LOI to conduct inspections, obtain financing, and review all necessary documents related to the property.
Clause 4: Closing Date
The anticipated closing date for the transaction is [Proposed Closing Date], subject to the satisfactory completion of due diligence.
Clause 5: Confidentiality
Both parties agree that all discussions and correspondence regarding this LOI and the potential transaction shall remain confidential.
Clause 6: Non-Binding Agreement
This LOI is non-binding and serves as a basis for further negotiations. A formal purchase agreement will be executed upon reaching mutual agreement on all terms.
Signed in [City], [Date].
Sincerely,
[Signature of the Buyer]
[Name of the Buyer]
[Signature of the Seller]
[Name of the Seller]
Real Estate Letter of Intent Template (2)
Between:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
And:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
Introduction:
This Letter of Intent (LOI) expresses the intention of the Buyer to enter into a formal agreement for the acquisition of the property known as [Property Address], situated in [City], [State], effective as of [Date].
Clause 1: Property Details
This LOI pertains to the following property: [Detailed description, including parcel number, square footage, and any easements or encroachments].
Clause 2: Proposed Purchase Price
The Buyer proposes to purchase the property for a total price of [Amount], contingent on appraisal and inspection results.
Clause 3: Inspection Rights
The Buyer shall have the right to perform inspections during the due diligence period of [Number] days. The Seller agrees to provide access to the property during this time.
Clause 4: Financing Contingency
This proposal is contingent upon the Buyer securing financing under terms satisfactory to Buyer within the due diligence period.
Clause 5: Closing Conditions
The closing of the transaction shall occur on or before [Proposed Closing Date] unless otherwise agreed in writing by both parties.
Clause 6: Governing Law
This LOI shall be governed by the laws of [State or Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Buyer]
[Name of the Buyer]
[Signature of the Seller]
[Name of the Seller]

Format

Please complete the form below to create the Real Estate Letter of Intent Template. All fields must be filled out to ensure a comprehensive and clear letter of intent. We provide examples to guide you through each step.

Real Estate Letter of Intent Template

1. Buyer Information


2. Seller Information


3. Property Details


4. Proposed Terms of Sale


5. Contingencies

6. Confidentiality Agreement

7. Expiration Date of the Letter of Intent

8. Signatures and Acceptance

9. Declaration and Signatures




PDF


WORD

Google Docs

Printable

Real Estate Letter Of Intent Template

Printable | Editable Form




Real Estate Letter Of Intent Template