Letter Of Intent To Sell Property Template

Notice

The following document serves as a formal expression of intent from a potential buyer to purchase a property. It is provided solely as an informational template. It does not constitute legally binding offers or agreements and should be reviewed and customized by a qualified legal professional before use. Legal requirements and procedures for property transactions can differ based on jurisdiction, so modifications may be necessary to ensure compliance. The user assumes full responsibility for applying this template appropriately, and no liability is accepted for inaccuracies or misapplications arising from its use without proper legal guidance.

This is a sample Letter of Intent to Sell Property. Slight variations in wording are common depending on specific circumstances and preferences.

Letter of Intent to Sell Property Template

Parties:

Seller: Alex Johnson
Address: 789 Oak Street, Los Angeles, CA 90001

Buyer: Maria Lopez
Address: 456 Maple Avenue, Los Angeles, CA 90002

Property Details:

The property subject to this letter is located at 789 Oak Street, Los Angeles, CA 90001. It is a residential single-family home with approximately 2,500 square feet, including all fixtures, appliances, and amenities currently associated with the property.

Intent:

This letter expresses the undersigned’s intention to negotiate and potentially enter into a formal agreement for the sale of the above-described property under mutually agreed terms and conditions.

Confidentiality:

The parties agree to keep all discussions and negotiations related to this potential transaction confidential and not disclose any details to third parties without prior written consent.

Non-Binding Nature:

This letter is non-binding and intended solely as a basis for further discussion and negotiation. Both parties acknowledge that nothing herein constitutes a legally binding obligation to purchase or sell the property.

Next Steps:

In the coming weeks, the parties intend to conduct inspections, appraisals, and due diligence to facilitate the drafting of a definitive purchase agreement.

Los Angeles, ______________________