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1. Date and Address Block: Opening of letter with current date and recipient's full address
2. Subject Line: Clear identification of document purpose - 'Letter of Intent to Purchase Property at [Address]'
3. Opening Paragraph: Introduction of the parties and clear statement of intent to purchase/sell
4. Property Details: Specific description and identification of the property including address and legal description
5. Purchase Price: Proposed purchase price and basic payment terms
6. Key Terms: Essential transaction terms including proposed closing date and any major conditions
7. Due Diligence: Proposed timeline and scope for property inspection and document review
8. Timeline: Expected timeline for negotiation, documentation, and closing
9. Next Steps: Clear statement of immediate next steps and process for moving forward
10. Non-Binding Nature: Statement clarifying the non-binding nature of the LOI (except for any specifically binding terms)
11. Closing: Signature blocks and formal closing of the letter
1. Earnest Money: Include when parties want to specify a good faith deposit amount and terms
2. Exclusivity Period: Include when seller is requested to deal exclusively with the potential buyer for a specific period
3. Confidentiality: Include when transaction details need to be kept confidential
4. Financing Contingency: Include when purchase is contingent on buyer obtaining financing
5. Break Fee: Include when parties agree to compensation if either party backs out under specific circumstances
6. Broker Representation: Include when real estate brokers are involved in the transaction
1. Property Description Schedule: Detailed description of property including boundaries, measurements, and included fixtures/fittings
2. Payment Schedule: If payment terms are complex, detailed breakdown of payment structure and timing
3. Due Diligence Requirements: Specific list of documents and information to be provided during due diligence
4. Existing Encumbrances: List of any existing liens, mortgages, or other encumbrances on the property
Seller
Buyer
Purchase Price
Closing Date
Due Diligence Period
Earnest Money
Effective Date
Encumbrances
Exclusivity Period
Fixtures and Fittings
Property Documents
Sale Agreement
Title Deed
Transfer Date
Permitted Use
Business Day
Completion
Deposit
Material Adverse Change
Parties
Possession Date
Property Rights
Registration
Stamp Duty
Transaction Documents
Valuation
Purchase Price
Payment Terms
Due Diligence
Confidentiality
Exclusivity
Non-Binding Effect
Binding Provisions
Property Access
Timeline
Conditions Precedent
Good Faith
Costs and Expenses
Governing Law
Broker Representation
Transaction Structure
Next Steps
Term and Termination
Notice
Earnest Money
Title and Ownership
Property Inspection
Representations
Dispute Resolution
Real Estate
Commercial Property
Residential Property
Retail
Industrial
Hospitality
Agriculture
Healthcare
Education
Banking and Finance
Construction and Development
Legal
Real Estate
Corporate Development
Finance
Operations
Business Development
Property Management
Asset Management
Investment
Facilities
Risk Management
Compliance
Real Estate Manager
Property Developer
Legal Counsel
Corporate Lawyer
Property Manager
Business Development Manager
Chief Executive Officer
Chief Financial Officer
Real Estate Agent
Property Consultant
Investment Manager
Asset Manager
Facilities Manager
Commercial Director
Operations Manager
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