Letter Of Intent Commercial Real Estate Template

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


Sample

Letter Of Intent Commercial Real Estate Template

Printable | Editable Form



Examples


Letter of Intent Commercial Real Estate 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 outlines the preliminary intentions and terms for the potential acquisition of commercial real estate located at [Property Address], initiated on [Date].
Clause 1: Property Description
The property, located at [Property Address], includes [Details about the property, such as size, facilities, or zoning].
Clause 2: Proposed Terms
The Buyer proposes the following terms for the acquisition:
– Purchase Price: [Amount]
– Deposit: [Amount] to be held in escrow
– Financing: [Details about financing sources].
Clause 3: Due Diligence Period
The Buyer shall have a due diligence period of [Duration] commencing upon the execution of this Letter of Intent to review property documentation and conduct inspections.
Clause 4: Confidentiality
Both parties agree to keep the terms of this Letter of Intent and any related discussions confidential and not disclose to third parties without prior written consent.
Clause 5: Non-Binding Agreement
This Letter of Intent serves as a statement of mutual interest but is non-binding. Any definitive agreement shall be subject to negotiation and mutual consent.
Clause 6: Expiration
This Letter of Intent shall expire on [Expiration Date] if no further agreements are reached by that date.
Signed in [City], [Date].
Sincerely,
[Signature of the Buyer]
[Name of the Buyer]
[Signature of the Seller]
[Name of the Seller]
Letter of Intent Commercial Real Estate 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 signifies the intention of the Buyer to purchase the property located at [Property Address], with a preliminary proposal dated [Date].
Clause 1: Summary of Property
The property includes [Size, Zoning, and any relevant details about the premises].
Clause 2: Financial Terms
Buyer intends to offer:
– Purchase Price: [Amount]
– Initial Deposit: [Amount] placed in a mutually agreed escrow.
– Financing terms: [Specify financing arrangements].
Clause 3: Inspection and Review
The Buyer shall have [Duration] to conduct inspections, appraisals, and other assessments following the execution of this Letter of Intent.
Clause 4: Confidentiality Agreement
The parties will keep the negotiations and information confidential, not disclosing any such details to unauthorized third parties without consent.
Clause 5: Legal Disclaimer
This document expresses a mutual intention but does not create any binding obligations between the parties. Any binding agreement will follow upon future negotiation.
Clause 6: Timeframe for Acceptance
This Letter of Intent is valid until [Expiration Date] unless agreed otherwise in writing by both parties.
Executed in [City], [Date].
Best regards,
[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 Letter of Intent – Commercial Real Estate Template. All fields must be filled out to ensure a clear and complete letter. We provide examples to guide you through each step.

Letter of Intent – Commercial Real Estate Template

1. Parties Involved



2. Property Information

3. Intent of Purchase

4. Purchase Price

5. Deposit Information

6. Closing Timeline

7. Due Diligence Period

8. Confidentiality Agreement

9. Non-Binding Clause

10. Signatures and Acceptance




PDF


WORD

Google Docs

Printable

Letter Of Intent Commercial Real Estate Template

Printable | Editable Form




Letter Of Intent Commercial Real Estate Template