Letter of Intent To Purchase Commercial Real Estate

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Purchasing commercial real estate is always a big deal; seal it all with the use of the Free Letter of Intent to Purchase Commercial Real Estate template. You can download this free of charge in any of its supported file formats. Note its easy customization and print-ready nature.

LETTER OF INTENT TO PURCHASE COMMERCIAL REAL ESTATE

[DATE]

Dear [RECIPIENT NAME],

This letter of intent sets forth the terms and conditions upon which the buyer and/or his/her Assignee shall purchase the referred property. This letter serves to constitute only an intent to purchase commercial real estate and any final and binding agreement shall be subject to the preparation, negotiation, and execution of definitive legal documents.

This letter/proposal is intended merely as a preliminary expression of intention to purchase, and shall be used for discussion purposes only. Neither party shall have any contractual obligations to the other with respect to the matters referred in the attached document, unless a definitive agreement has been fully executed and delivered by the named parties.

It is understood by both parties that the outline attached is not a binding agreement, and its sole purpose is to work toward acceptable terms and conditions by which the parties may draft a purchase and sale agreement.

Please indicate the time and place wherein the parties may discuss this matter further. Contact details are provided below. Thank you.

Regards,

[YOUR SIGNATURE]

[YOUR NAME]