Letter of Intent for Purchase of Real Property

{WP.FORMS / 00246619.DOC.3} FORM01.086 Letter of Intent
SAMPLE
LETTER OF INTENT FOR PURCHASE OF REAL PROPERTY
Date
_____________________________
_____________________________
_____________________________
Re: Letter of Intent
(Property Description)
(City/County)
Our File No. *
Dear _________________:
Subject to the execution of a definitive and mutually acceptable agreement of purchase
and sale ("Purchase Agreement") within ________ (___) days after execution of this Letter of
Intent (the "Contract Negotiation Period"), the undersigned offers to purchase the subject
property in accordance with the following terms and conditions:
1. Seller(s): ___________________________________, with contact information
as follows: ____________________________________________________________.
2. Buyer: _____________________________________, with contact information
as follows: ____________________________________________________________. Buyer
may assign his interest to any corporation, partnership or limited liability company in which he is
the controlling party or to any other third party without Seller approval.
3. Subject Property: The property, which is the subject of this offer ("Subject
Property"), is identified as _______________________________ (APN No. __________).
Together with the real property, Buyer is also purchasing all of Seller's rights, title and interest in
all of the fixtures, improvements, leases, maps, reports, plans, and other such material is having
to do with the Subject Property including all land use entitlements, governmental permits and
allocations, and other such governmental and agency approvals as may exist concerning the
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