A Letter of Intent to Sell House is commonly used in Australian property transactions as an initial step before entering into a formal contract of sale. It is typically prepared when a potential buyer wishes to formally express their serious interest in purchasing a property and document the preliminary terms of the proposed transaction. The document serves multiple purposes: it demonstrates the buyer's genuine intention, outlines the key terms and conditions of the proposed purchase, and provides a framework for further negotiations. While not legally binding for the final sale, it helps prevent misunderstandings and provides a clear reference point for the preparation of the formal contract. The letter typically includes property details, proposed purchase price, timeline, due diligence requirements, and any specific conditions, all within the context of Australian property law and local real estate practices.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Letter Date and Address Block: Current date and formal address block identifying the recipient
2. Subject Line: Clear identification of the property and purpose of the letter
3. Opening Statement: Formal introduction and declaration of intent to purchase the specified property
4. Property Details: Full legal description and address of the property being considered for purchase
5. Purchase Price: Proposed purchase price and any initial thoughts on payment structure
6. Timeline: Proposed timeline for the transaction, including expected dates for formal contract and settlement
7. Due Diligence: Statement regarding the buyer's intention to conduct necessary inspections and reviews
8. Basic Terms: Key terms and conditions that would be included in the final contract
9. Non-Binding Nature: Clear statement that this is not a binding contract but an expression of serious intent
10. Next Steps: Outline of the immediate next steps in the process
11. Closing and Signatures: Formal closing, space for signatures of both parties
1. Contingencies: Include when there are specific conditions that need to be met, such as financing approval or sale of current property
2. Property Improvements: Include when discussing specific improvements or repairs expected before purchase
3. Deposit Terms: Include when proposing specific terms for initial deposit
4. Special Conditions: Include when there are unique circumstances or requirements for the transaction
5. Exclusions/Inclusions: Include when specific items need to be clarified as included or excluded from the sale
6. Intermediaries: Include when real estate agents or other professional representatives are involved
1. Property Description Schedule: Detailed description of the property including lot number, title details, and boundaries
2. Price Breakdown: Itemized breakdown of the proposed purchase price, including any adjustments or allowances
3. Proposed Timeline: Detailed timeline of key dates and milestones for the transaction
4. Property Inspection Report: If already completed, summary of any property inspections or condition reports
Relevant legal definitions
Property
Seller
Buyer
Purchase Price
Settlement Date
Due Diligence Period
Deposit
Settlement
Title
Chattels
Fixtures
Business Day
Contract of Sale
Completion
Encumbrances
Representative
Working Day
Sale Terms
Cooling-off Period
Property Title
Transfer Documents
Settlement Period
Inspection Period
Completion Date
Seller
Buyer
Purchase Price
Settlement Date
Due Diligence Period
Deposit
Settlement
Title
Chattels
Fixtures
Business Day
Contract of Sale
Completion
Encumbrances
Representative
Working Day
Sale Terms
Cooling-off Period
Property Title
Transfer Documents
Settlement Period
Inspection Period
Completion Date
Clauses
Relevant Industries
Real Estate
Property Development
Legal Services
Financial Services
Property Management
Construction
Banking
Residential Housing
Relevant Teams
Legal
Real Estate
Property Management
Sales
Conveyancing
Compliance
Contract Administration
Property Development
Client Services
Settlement
Relevant Roles
Real Estate Agent
Property Lawyer
Conveyancing Manager
Property Manager
Sales Director
Legal Counsel
Contract Administrator
Real Estate Broker
Property Consultant
Settlement Officer
Mortgage Specialist
Real Estate Partner
Property Development Manager
Transaction Coordinator
Find the exact document you need
Sell By Owner Purchase Agreement
An Australian legal agreement for direct property sales between private sellers and buyers, without real estate agent involvement.
find out more
Purchaser And Seller Agreement
An Australian law-governed agreement defining terms and conditions for sale and purchase transactions between parties, including price, delivery, warranties, and obligations.
find out more
Sell Agreement Letter
An Australian jurisdiction document that formalizes sale transactions between parties, outlining key terms and conditions while ensuring legal compliance.
find out more
Sale Agreement Between Two Parties
An Australian-compliant agreement documenting the terms and conditions of a sale transaction between two parties, including price, delivery, and warranties.
find out more
Real Estate Contract Assignment Form
An Australian legal document that facilitates the transfer of rights and obligations under an existing property contract from one buyer to another, compliant with Australian property law.
find out more
Real Estate Land Purchase Agreement
An Australian law-governed agreement for the sale and purchase of real property, detailing terms, conditions, and obligations of the transaction.
find out more
Buy Sell Agreement For LLC
An Australian-law governed agreement that regulates the buying and selling of company shares between shareholders in a Proprietary Limited Company upon specified trigger events.
find out more
Simple Car Purchase Agreement
An Australian-compliant template for documenting vehicle sales transactions, suitable for both private and commercial vehicle transfers.
find out more
Property Buy Sell Agreement
An Australian legal agreement governing the sale and purchase of real property, outlining terms, conditions, and obligations of all parties involved in the transaction.
find out more
Aircraft Purchase And Sale Agreement
An Australian law-governed agreement for the sale and purchase of aircraft, detailing transfer terms, specifications, and regulatory compliance requirements.
find out more
Purchase Price Agreement
An Australian-law governed agreement setting out terms and conditions for purchase transactions, including price, payment terms, and completion requirements.
find out more
Contract For Selling A Car
An Australian-law governed agreement for the sale and purchase of a motor vehicle, ensuring compliance with federal and state regulations while protecting both parties' interests.
find out more
Vessel Purchase And Sale Agreement
An Australian law-governed agreement for the sale and purchase of a vessel, detailing terms, conditions, and transfer of ownership requirements.
find out more
Restaurant Sale Agreement
An Australian law-governed agreement for the sale and purchase of a restaurant business, including assets, licenses, and operational transfers.
find out more
Manufactured Home Purchase Agreement
An Australian law-governed agreement for the sale and purchase of a manufactured home, detailing transaction terms and regulatory compliance requirements.
find out more
Legal Sales Agreement
An Australian law-governed agreement that formalizes sales transactions, detailing terms, conditions, and obligations of both parties.
find out more
Land Sales Agreement
An Australian legal agreement documenting the terms and conditions for the sale and purchase of real property, compliant with state and federal property laws.
find out more
Land Buying Contract
An Australian law-governed contract for the sale and purchase of land, establishing terms, conditions, and obligations for property transfer between vendor and purchaser.
find out more
Horse Bill Of Sale Purchase Agreement
An Australian-compliant legal agreement documenting the sale and purchase of a horse, including ownership transfer and warranty terms.
find out more
For Sale By Owner Offer To Purchase Contract
An Australian legal contract for direct property sales between owner and buyer, without real estate agent involvement.
find out more
Conditional Sale And Purchase Agreement
An Australian law-governed agreement that sets out terms for a conditional sale and purchase transaction, where the sale completion is subject to specified conditions being met.
find out more
Confidentiality Agreement For Sale Of Business
An Australian-law governed confidentiality agreement protecting sensitive information during business sale processes.
find out more
New Construction Residential Purchase Agreement
An Australian legal agreement for the purchase of newly constructed residential properties, combining property purchase and construction specifications under Australian law.
find out more
Bill Of Sale Asset Purchase
An Australian legal document evidencing the sale and transfer of personal property assets from seller to buyer, compliant with federal and state legislation.
find out more
Agreement To Sell And Purchase
An Australian law-governed agreement that documents the terms and conditions for the sale and purchase of property, assets, or business interests.
find out more
Vacant Land Lot Purchase Contract
An Australian jurisdiction contract for the purchase and sale of vacant land, establishing terms and conditions for land ownership transfer while ensuring compliance with local property laws.
find out more
Second Hand Bike Purchase Agreement
An Australian legal agreement for the sale and purchase of a second-hand motorcycle, incorporating relevant consumer law provisions and vehicle transfer requirements.
find out more
Real Estate Bill Of Sale Contract
An Australian legal contract documenting the terms and conditions for the sale and purchase of real estate property, ensuring compliance with state and federal property laws.
find out more
As Is Where Is Sale Agreement
Australian-law governed agreement for the sale of assets in their current condition without warranties, where the buyer accepts all risks regarding the asset's condition.
find out more
Contract For Buying Land From Owner
An Australian law-governed agreement for the sale and purchase of land, detailing all essential terms and conditions of the property transfer.
find out more
No Home Sale Contract
An Australian legal agreement preventing real estate agents from purchasing properties they are engaged to sell, ensuring compliance with local property laws and ethical standards.
find out more
Business Purchase Term Sheet
An Australian-compliant preliminary document outlining key terms and conditions for a business purchase transaction, serving as a basis for the final purchase agreement.
find out more
Advance Agreement For Sale Of Land
An Australian legal document establishing the preliminary terms and conditions for a future property sale, including purchase price, deposit arrangements, and settlement conditions.
find out more
Private Land Purchase Agreement
An Australian legal agreement governing the sale and purchase of private land, detailing terms, conditions, and obligations of both parties.
find out more
Horse Sales Agreement With Payment Plan
An Australian-law governed agreement for horse sales with structured payment terms, including ownership transfer and maintenance obligations.
find out more
Promissory Note Purchase And Sale Agreement
An Australian law agreement governing the sale and purchase of promissory notes, including transfer terms and regulatory compliance requirements.
find out more
Agreement To Sell Real Estate Form
An Australian legal document that formalizes the sale and purchase of real estate property, complying with relevant state and federal property laws.
find out more
Purchase Agreement For Buying A Business
An Australian law-governed agreement for the sale and purchase of a business, covering all aspects of the transaction including assets, liabilities, and regulatory requirements.
find out more
Letter Of Agreement To Sell Property
An Australian legal document outlining the agreed terms between property seller and buyer, serving as a preliminary agreement before the formal contract of sale.
find out more
Commercial Agreement Of Purchase And Sale
An Australian law-governed agreement establishing terms and conditions for commercial sale transactions between businesses.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)