Letter of Intent
(Commercial Purchase and Sale)

Summary

This Letter of Intent template is for use in a commercial purchase and sale transaction to document the understanding between the parties regarding the proposed acquisition of real property. This template includes practical guidance and drafting notes. The template should include the key terms of the proposed transaction. This template may be tailored to suit each transaction. For additional guidance, see Commercial Purchase and Sale Agreements. For a full listing of key content covering construction subcontract agreements, see Junior Associate Real Estate Resource Kit (Commercial Purchase and Sale). For a full listing of key content covering real estate transactions for in-house attorneys, see In-House Real Estate Resource Kit For a full listing of key content covering purchasing and selling commercial real estate, see Purchasing and Selling Commercial Real Estate Resource Kit. For a full listing of key content covering commercial real estate, see First Year Associate Resource Kit: Real Estate. For templates that are more jurisdictional and transactional-specific, see Letter of Intent (Farm and Ranch Purchase) (TX) and Letter of Intent (Commercial Purchase and Sale) (CA). To compare state laws on letters of intent, see the Commercial Real Estate Leasing Topic in the Real Estate State Law Comparison Tool.