LETTER OF INTENT
Purchase of Property
TO: [Name & Address of Receiving Party]
FROM: [Name & Address of Offering Party]
DATE: [Insert Date Letter Sent]
SUBJECT: [Describe nature of proposed agreement]
Dear: [Name of Receiving Party]:
[Offering Party’s Name] offers this letter of intent (“Letter”), to convey a sincere interest in
purchasing your property with the description of: [Insert Description of Property]. This letter
sets forth the terms and conditions that [Offering Party] seeks to use as material terms for the
proposed purchase of aforementioned property. This Letter is non-binding and is not meant to be
construed as an offer or impose any obligation on either party.
The Terms and Conditions proposed are as follows:
1. Legal Description of Property: The full legal description of the property is as follows:
2. Price:
[Describe all relevant proposed prices for real estate by both parties]
[Offering Party] agrees to pay [Proposed Price] for real estate parcel.
3. Additional Terms of Transaction:
[Include all relevant terms of transaction, tailored to your specific agreement, i.e. additional
consideration, future negotiations, financing options, etc.]
If [Name of Receiving Party] finds the terms and conditions of this Letter to be acceptable and a
reflection of the intentions of both parties, please demonstrate this intent by signing and
returning this letter at the principal place of business of [Offering Party] on or before [Date of
Necessary Return]. Any changes to material Terms and Conditions by [Receiving Party] will
require the reconsideration of [Offering Party] in order to be consistent with Parties’ intentions.
Very Sincerely,
By__________________
[Name of Offering Party]
TO: [Name and Return Address of Offering Party]
The Terms and Conditions set forth in the above signed letter are acceptable and reflect the
intentions of [Receiving Party Name].
By_________________
[Name of Receiving Party]
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