Letter of Intent for Real Estate Purchases | Download Free Templates
Team Lawyered
1. What is a Letter of Intent for Real Estate Purchases?
A letter of Intent is a document entered into between two parties intending to enter into any transaction with each other. This letter of Intent lays down the terms and conditions which will govern the existing arrangement between the parties until a formal agreement is made and executed. This letter of intent also lays down the basic framework for the formal agreement. This letter does not have any legally binding obligation.
2. Why is it important?
a. This agreement protects the parties at the preliminary/negotiation stage.
b. This helps in defining the rights and obligations of the parties entering into thecontract.
|
● Access the library of Agreements & Contracts most needed by any startup or a business - CLICK here ● Get all these Agreements & Contracts personalized at no additional cost - REGISTER here |
To access this Sample Agreement / Template, please fill in the details below and it will be emailed to you shortly.
Share on:
Team Lawyered
Lawyered is a legal tech initiative designed to change the way people interact with and within the legal industry. We believe that access to critical services like legal should be just a click away. Our team is working to bring legal online, making it cost effective, high quality and accessible for all.
Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.
Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.