Purchasing and Selling Commercial Real Estate Resource Kit (FL)

Summary

This resource kit provides information on purchasing and selling commercial real estate in Florida. The documents required vary depending on the nature of the real property; however, the work flow of most Florida commercial purchase and sale transactions is as follows: (1) a brokerage agreement is executed by the real estate broker and the seller, (2) a letter of intent is negotiated and executed by the buyer and the seller, (3) a purchase and sale agreement is negotiated and executed by the buyer and the seller, (4) the buyer conducts its due diligence review of the real property, and (5) the closing documents are prepared and executed at the closing. The process map below depicts the steps involved in a commercial purchase and sale transaction.