Purchasing and Selling Commercial Real Estate Resource Kit


Summary

This resource kit provides guidance on purchasing and selling commercial real estate. The documents required vary depending on the nature and location of the real property, however, the work flow of most commercial purchase and sale transactions is as follows: (1) a brokerage agreement is executed between the real estate broker and the seller, (2) a letter of intent is negotiated and executed by the buyer and seller, (3) a purchase and sale agreement is negotiated and executed by the buyer and seller, (4) the buyer conducts its due diligence review, and (5) the closing documents are prepared and executed at the closing. This resource kits includes guidance on each of these steps, including detailed practice notes, templates, and checklists. Additionally, state specific forms and guidance are separately listed below, as well resources related to multi-state commercial purchase and sale transactions.