Letter Of Intent To Purchase Template

Disclaimer

The material provided is intended solely as a general example for informational purposes. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in real estate transactions or property negotiations. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.

This is a sample “Letter of Intent to Purchase” template. The wording may vary slightly depending on specific circumstances and preferences. Please customize accordingly.

Letter Of Intent To Purchase Example

Parties Involved:

Buyer’s Name: Alex Johnson
Address: 789 Pine Street, San Francisco, CA 94107

Seller’s Name: Emily Roberts
Address: 1010 Market Street, San Francisco, CA 94103

Description of the Property:

The property intended for purchase is a commercial office space located at 250 Downtown Avenue, San Francisco, CA 94102, including any fixtures and improvements currently attached.

Intended Purchase Price and Terms:

This letter expresses the intent of the Buyer to purchase the property at a proposed price of $2,500,000. The final terms and conditions shall be negotiated and reflected in a formal Purchase Agreement.

Due Diligence and Confidentiality:

This letter is non-binding and intended solely to outline the mutual interest of the parties to proceed with negotiations. Both parties agree to maintain confidentiality regarding the details herein until a binding agreement is executed.

Additional Conditions:

• Completion of inspections and title searches within 30 days of agreement.
• Subject to financing approvals and satisfactory due diligence.
• Execution of formal Purchase Agreement within 60 days.

San Francisco, ______________________