Property Letter Of Intent Sample Real Estate. The letter signifies the beginning of the agreement between the two parties. Subject to the execution of a definitive and mutually acceptable agreement of purchase.
The following real estate letter of intent sample will help you understand the different parts of a strong letter of intent to purchase real estate and how those different parts function in the contract as a whole. Purchasing a real estate property is a big decision. That s where a letter of intent comes into use in your purchase.
A real estate letter of intent serves as a starting point for the parties involved to negotiate and set the terms of the deal before moving forward with the actual purchase.
Real estate letter of intent is a legally binding document made between the parties involved in the purchase. Real estate letter of intent templates. Buying and selling real estate is a very tough process. A real estate letter of intent serves as a starting point for the parties involved to negotiate and set the terms of the deal before moving forward with the actual purchase.