Updated February 16, 2021
If you’re looking for a sample template for a Letter of Intent to Purchase Commercial Real Estate in PDF or MS Word format, we’ve got your back!
In a commercial real estate purchase, the Letter of Intent (“LOI”) serves as a negotiating device that outlines all of the terms the Buyer & Seller have agreed to before entering into a Purchase & Sale Agreement contract.
LOIs are also used in commercial real estate leases. For a Sample Letter of Intent to Lease commercial property, please go here.
Once you’ve found a commercial property for sale that you are interested in purchasing, you will to draft a proposal (also known as: a Letter of Intent) To Purchase Commercial Real estate to start the negotiation process.
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