The Letter Of Intent (Real Estate) is a crucial preliminary document used in Austrian real estate transactions to establish the initial framework for property acquisitions or sales. It serves as a roadmap for the transaction, outlining key commercial terms, conditions, and the proposed timeline while maintaining a primarily non-binding nature. This document is particularly important in the Austrian legal context, where pre-contractual obligations and the principle of culpa in contrahendo create specific legal responsibilities during negotiations. The LOI typically precedes the more detailed due diligence process and the eventual binding purchase agreement, helping parties align their expectations and identify potential deal-breakers early in the process. It's especially valuable in complex commercial real estate transactions where multiple stakeholders are involved and significant due diligence is required.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Full legal names and addresses of all parties involved in the potential transaction
2. Property Details: Specific description and location of the real estate property, including land register details
3. Purpose and Non-Binding Nature: Clear statement that this is a non-binding expression of intent (except for specified provisions)
4. Key Commercial Terms: Proposed purchase price, payment structure, and key transaction conditions
5. Timeline: Proposed schedule for due diligence, negotiations, and target closing date
6. Due Diligence: Overview of the due diligence process and required documentation
7. Closing Conditions: Major conditions that need to be satisfied before proceeding with the transaction
1. Exclusivity: Terms of exclusive negotiations, used when parties want to ensure no parallel negotiations with other parties
2. Confidentiality: Confidentiality obligations regarding the negotiations and shared information, if not covered by a separate NDA
3. Costs: Agreement on who bears the costs of negotiations and due diligence
4. Break Fee: Terms of any break fee payable if either party withdraws, if applicable
5. Governing Law and Jurisdiction: Specific provisions about applicable law and courts, particularly important in cross-border transactions
1. Property Description Schedule: Detailed description of the property including cadastral numbers, land register details, and exact boundaries
2. Initial Price Calculation: Breakdown of the proposed purchase price and any adjustments
3. Due Diligence Checklist: List of required documents and information for the due diligence process
4. Timeline Schedule: Detailed timeline with specific milestones and deadlines
5. Required Approvals: List of necessary governmental or regulatory approvals needed for the transaction
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Commercial Property
Residential Property
Property Development
Construction
Infrastructure
Retail
Hospitality
Industrial
Logistics
Office Space
Mixed-Use Development
Relevant Teams
Legal
Real Estate
Finance
Acquisitions
Investment
Development
Asset Management
Risk Management
Property Management
Corporate Development
Relevant Roles
Real Estate Director
Property Development Manager
Investment Manager
Legal Counsel
Chief Financial Officer
Acquisitions Manager
Asset Manager
Real Estate Broker
Property Manager
Development Director
Transaction Manager
Real Estate Analyst
Corporate Lawyer
Project Manager
Risk Manager
Find the exact document you need
Option To Purchase Real Estate Agreement Form
An Austrian law-governed agreement granting the right to purchase specific real estate within a set timeframe under predetermined conditions.
find out more
Land Purchase And Sale Contract
An Austrian law-governed agreement for the transfer of real estate ownership, complying with ABGB requirements and including necessary provisions for land registry registration.
find out more
Horse Purchase Agreement
An Austrian law-governed agreement for the sale and purchase of a horse, detailing terms, conditions, and warranties of the transaction.
find out more
Generic Purchase Agreement For House
Austrian house purchase agreement template compliant with local real estate laws and land registry requirements.
find out more
Letter Of Intent (Real Estate)
An Austrian law-governed preliminary document outlining key terms and conditions for a potential real estate transaction, setting the framework for negotiations and due diligence.
find out more
Buyer Agreement
An Austrian law-governed agreement setting out terms and conditions for the purchase of goods or services between buyer and seller.
find out more
Buy Sell Agreement (Real Estate)
An Austrian law-governed agreement for the sale and purchase of real estate property, requiring notarization and land register registration.
find out more
Option Contract (Real Estate)
An Austrian law-governed agreement granting the exclusive right to purchase specified real estate at predetermined terms within a defined period, subject to Austrian formal requirements and land registration rules.
find out more
Letter Of Intent Commercial (Real Estate)
An Austrian law-governed preliminary document outlining key terms and conditions for proposed commercial real estate transactions, setting the framework for subsequent negotiations.
find out more
Land Purchase Option Agreement
An Austrian law-governed agreement granting an exclusive right to purchase specified real estate within a defined period under preset terms.
find out more
Securities Purchase Agreement
An Austrian law-governed agreement documenting the terms and conditions for the purchase and sale of securities, ensuring compliance with local securities regulations and market requirements.
find out more
Used Car Purchase Agreement
An Austrian law-governed agreement for the sale and purchase of a used vehicle, detailing transaction terms and compliance requirements.
find out more
Car Purchase Contract
An Austrian law-governed agreement for the sale and purchase of motor vehicles, compliant with ABGB and relevant vehicle regulations.
find out more
Sell Agreement
An Austrian law-governed agreement for the sale and purchase of goods, property, or assets, compliant with ABGB requirements.
find out more
Offer To Purchase Agreement
An Austrian law-governed document presenting a formal offer to purchase property or assets, outlining key terms and conditions of the proposed acquisition.
find out more
Letter Of Intent To Purchase
An Austrian-law governed preliminary document expressing serious intent to purchase an asset, property, or business, outlining key terms while maintaining a primarily non-binding nature.
find out more
Option To Buy Agreement
An Austrian law-governed agreement granting the right to purchase an asset at predetermined terms within a specified period.
find out more
Lease Agreement With Option To Purchase
An Austrian law-governed agreement combining property lease terms with an option for the tenant to purchase the property under specified conditions.
find out more
Contract For Selling A Car
An Austrian law-compliant contract template for the sale and purchase of motor vehicles, suitable for both private and commercial transactions.
find out more
Contingent Purchase Agreement
An Austrian law-governed agreement setting out terms for a purchase transaction subject to specific conditions precedent, incorporating Austrian civil and commercial law requirements.
find out more
Conditional Purchase Agreement
An Austrian law-governed agreement for a purchase transaction subject to specific conditions precedent, detailing terms, conditions, and transfer requirements.
find out more
Commercial Real Estate Contract
An Austrian law-governed agreement for the purchase and sale of commercial real estate, incorporating all essential elements required under Austrian property legislation.
find out more
Private Sale Purchase Agreement
An Austrian law-governed agreement documenting the sale and purchase of goods or assets between private parties or businesses, structured according to ABGB requirements.
find out more
Option To Purchase Contract
An Austrian law-governed agreement granting the right to purchase specified property under preset terms within a defined period.
find out more
Letter Of Sales Agreement
An Austrian-law governed letter-format document that formalizes a sales transaction between parties, combining business correspondence with legally binding sales terms.
find out more
Lease With Option To Buy
An Austrian law-governed agreement combining property lease terms with a future purchase option, compliant with ABGB and MRG requirements.
find out more
Land Sales Agreement
An Austrian-law governed agreement for the sale and transfer of real estate property, requiring notarization and land register registration.
find out more
Entity Purchase Buy Sell Agreement
An Austrian law-governed agreement for the purchase and sale of a business entity, detailing all transaction terms and conditions.
find out more
State Price Agreement
An Austrian law-governed agreement establishing standardized pricing and terms between government entities and suppliers for public sector procurement.
find out more
Purchasers Agreement
An Austrian law-governed agreement documenting the sale and purchase of goods, property, or assets, compliant with the ABGB (Austrian Civil Code).
find out more
Real Estate Agreement Of Purchase And Sale
Austrian real estate purchase agreement that facilitates property ownership transfer, requiring notarization and compliance with Austrian property law.
find out more
Used Vehicle Purchase Agreement
An Austrian law-compliant agreement for the sale and purchase of used vehicles, suitable for both private and commercial transactions.
find out more
Hydrogen Purchase Agreement
An Austrian law-governed agreement for the commercial sale and purchase of hydrogen, including delivery, quality, and pricing terms.
find out more
High Purchase Agreement Form
An Austrian-law governed agreement enabling purchase of goods through installments with seller retaining ownership until final payment.
find out more
Home Buyers Agreement
An Austrian property purchase contract that documents the legal transfer of real estate ownership, governed by Austrian civil law and requiring notarization.
find out more
Art Purchase Agreement
An Austrian law-governed agreement for the sale and purchase of artwork, including provisions for authenticity, provenance, and ownership transfer.
find out more
Token Purchase Agreement
An Austrian law-governed agreement establishing terms and conditions for digital token purchases, including regulatory compliance, token specifications, and transaction mechanics.
find out more
Contract For Sale And Purchase
An Austrian law-governed agreement documenting the sale and purchase of goods or property, establishing terms and conditions for ownership transfer.
find out more
Purchasing Agent Agreement
An Austrian law-governed agreement appointing an agent to conduct purchasing activities on behalf of a principal company, setting out their rights, duties, and commercial terms.
find out more
Option Purchase Agreement Film
An Austrian-law agreement granting exclusive rights to purchase film rights to a creative work within a specified period, subject to Austrian copyright and civil law.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)