You can open the Commercial Real Estate Letter Of Intent Template in multiple formats, including PDF, Word, and Google Docs.
Commercial Real Estate Letter Of Intent Template Printable | Editable FormSample
Examples
[Name of the Buyer]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
[Name of the Seller]
[Seller’s Address]
This Letter of Intent (LOI) sets forth the basic terms of the proposed transaction for the purchase of commercial real estate located at [Property Address], herein referred to as the “Property”.
The Property is described as follows: [Detailed description of the Property, including square footage, zoning classification, and any relevant characteristics].
The proposed purchase price for the Property is [Amount], subject to further negotiations and due diligence.
Upon execution of a Purchase Agreement, Buyer will deposit [Amount] as earnest money, held in an escrow account.
Buyer shall have [Number] days from the date of executed Purchase Agreement to conduct inspections, financing arrangements, and other investigations regarding the Property.
The target closing date for this transaction will be on or before [Date], subject to the completion of all contractual obligations.
Both parties agree that the terms of this letter and any ensuing negotiations or agreements shall remain confidential.
This Letter of Intent is non-binding and is intended solely as a basis for further discussions. The final terms of the sale will be outlined in a definitive Purchase Agreement.
[Signature of the Buyer]
[Name of the Buyer]
[Signature of the Seller]
[Name of the Seller]
[Name of the Buyer]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
[Name of the Seller]
[Seller’s Address]
This Letter of Intent outlines the preliminary terms and conditions under which the Buyer intends to purchase the commercial real estate situated at [Property Address].
The Property consists of [Detailed description, including size, location, and any relevant zoning information].
The Buyer proposes a purchase price of [Amount], contingent upon satisfactory completion of due diligence.
An earnest money deposit of [Amount] will be made within [Number] days following the execution of the Purchase Agreement.
The due diligence period will last [Number] days from the date of the Purchase Agreement, allowing the Buyer to assess all aspects of the Property.
The anticipated closing date will be on or before [Date], finalized in the subsequent Purchase Agreement.
Both parties shall maintain strict confidentiality regarding the terms and negotiations surrounding this Letter of Intent.
This Letter of Intent conveys the intentions of both parties but does not obligate either party to proceed with the proposed transaction without a formal Purchase Agreement.
[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 Commercial Real Estate Letter of Intent Template. All fields must be filled out to ensure a clear and complete letter. We provide examples to guide you through each step. Commercial Real Estate Letter of Intent Template 1. Parties Involved 2. Property Description 3. Purpose of Letter of Intent 4. Terms of Agreement 5. Timeline for Transaction 6. Confidentiality Agreement 7. Conditions Precedent 8. Indemnification Clause 9. Signatures and Acknowledgments 10. Date and Signatures
PDF
WORD
Google Docs
Commercial Real Estate Letter Of Intent Template Printable | Editable FormPrintable
