A Real Estate Purchase Letter of Intent is commonly used in the United States as the initial step in property acquisition negotiations. It serves to formalize a potential buyer's interest and outline key terms before committing to extensive due diligence or legal fees. The document typically includes proposed purchase price, inspection periods, closing timeline, and any special conditions, while clearly stating which provisions are binding or non-binding. It's particularly useful in complex transactions where parties need to agree on basic terms before investing in detailed contract negotiations and due diligence investigations. The LOI helps prevent misunderstandings and provides a roadmap for the subsequent purchase agreement.
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. Property Identification: Full legal description and address of the property being considered for purchase
2. Parties: Full legal names and addresses of the potential buyer and seller
3. Purchase Price: Proposed purchase price and basic payment terms
4. Due Diligence Period: Proposed timeframe for conducting property inspections and reviews
5. Closing Timeline: Proposed timeline for completing the transaction
6. Non-Binding Statement: Clear statement that the LOI is non-binding except for specified provisions
1. Exclusivity Period: Period during which seller agrees not to negotiate with other parties - used in competitive markets or complex transactions
2. Earnest Money: Proposed good faith deposit amount and terms - used when buyer wants to show serious intent
3. Financing Contingency: Terms related to obtaining necessary financing - used when purchase depends on securing specific financing
4. Property Condition Requirements: Specific conditions about property state at closing - used when property condition is a key concern
1. Property Description Exhibit: Detailed legal description of the property
2. Site Plan: Visual representation of the property and its boundaries
3. Preliminary Due Diligence Checklist: List of documents and information required for review
4. Proof of Funds: Documentation showing buyer's ability to complete purchase
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
NDA For Potential Acquisition
A U.S.-governed confidentiality agreement protecting sensitive information shared during acquisition discussions.
Download
Property Purchase Letter Of Intent
A preliminary document outlining proposed terms for a property purchase in the U.S., serving as a framework for negotiations.
Download
Real Estate Purchase Letter Of Intent
A preliminary document used in US real estate transactions to outline proposed terms and conditions of a property purchase before formal contract negotiations.
Download
Earnout Agreement
U.S.-governed agreement structuring contingent payments in M&A transactions based on post-closing performance targets.
Download
Letter Of Intent Share Purchase Agreement
A preliminary agreement outlining proposed terms for share purchase in a U.S. business transaction, combining binding and non-binding elements.
Download
Letter Of Intent Share Purchase
A preliminary document outlining proposed terms for share purchase under U.S. law, serving as a framework for negotiations.
Download
Letter Of Intent Mergers And Acquisitions
A preliminary document outlining key terms and conditions for a proposed merger or acquisition under U.S. law.
Download
Letter Of Intent Merger
A preliminary document outlining key terms and conditions for a proposed merger between companies under U.S. law.
Download
Letter Of Intent For Acquisition Of Business
A preliminary document under U.S. law that outlines the proposed terms for one company to acquire another company or its assets.
Download
Letter Of Intent For Acquisition Of A Company
A preliminary document outlining proposed terms for company acquisition under U.S. law.
Download
Letter Of Intent Asset Purchase Agreement
A preliminary document outlining proposed terms for an asset purchase transaction under U.S. law, serving as a framework for final agreement negotiations.
Download
Law Firm Merger Agreement
A legal agreement governing the merger of two or more law firms in the United States, addressing professional, operational, and regulatory requirements under U.S. law.
Download
Land Purchase Letter Of Intent
A preliminary document outlining proposed terms for a land purchase transaction in the United States.
Download
Land Acquisition Agreement
A U.S. legal agreement governing the purchase and sale of real property, outlining terms and conditions for land transfer.
Download
Intent To Purchase Business Agreement
A U.S.-governed preliminary agreement outlining the proposed terms for purchasing a business, serving as a framework for future negotiations.
Download
Domain Name Acquisition Agreement
A U.S.-governed agreement facilitating the legal transfer of domain name ownership between parties.
Download
Confidentiality Agreement Mergers And Acquisitions
A U.S.-governed agreement protecting confidential information exchanged during M&A transactions.
Download
Company Merger Contract
A legal agreement governed by U.S. law that establishes the terms and conditions for combining two or more companies into a single entity.
Download
Company Acquisition Contract
A legally binding agreement under U.S. law that documents the terms and conditions for one company's acquisition of another.
Download
Company Acquisition Agreement
A U.S.-governed legal agreement detailing the terms and conditions for one company's acquisition of another.
Download
Commercial Purchase Letter Of Intent
A U.S.-governed preliminary document outlining proposed terms and conditions for a commercial purchase transaction.
Download
Buyout Term Sheet
A preliminary document outlining key terms and conditions for a proposed acquisition or buyout transaction under U.S. law.
Download
Business Acquisition Term Sheet
A preliminary document outlining key terms and conditions for a proposed business acquisition under U.S. law.
Download
Business Acquisition Purchase Agreement
A U.S.-governed legal agreement documenting the terms and conditions of a business acquisition transaction, including purchase price, assets/shares transfer, and related obligations.
Download
Business Acquisition Letter Of Intent
A preliminary document outlining proposed terms for a business acquisition under U.S. law, serving as a framework for negotiating the final agreement.
Download
Business Acquisition Contract
A U.S.-governed contract documenting the terms and conditions for the purchase and sale of a business, including assets or shares transfer and related obligations.
Download
Business Acquisition Agreement
A U.S.-governed legal agreement defining terms and conditions for the purchase and sale of a business, including price, warranties, and closing conditions.
Download
Asset Purchase Term Sheet
A US-governed preliminary document outlining key terms and conditions for a proposed asset acquisition transaction.
Download
Asset Purchase Letter Of Intent
A preliminary document outlining proposed terms for an asset purchase transaction under U.S. law.
Download
Asset Acquisition Agreement
A U.S.-governed agreement documenting the purchase and sale of specific assets between parties, including terms, conditions, and obligations of the transaction.
Download
Acquisition Term Sheet
A preliminary document outlining key terms and conditions for a proposed acquisition transaction under U.S. law.
Download
Acquisition Purchase Agreement
A U.S.-governed legal agreement documenting the terms and conditions of a business acquisition transaction.
Download
Acquisition Non Compete Agreement
A U.S. legal agreement that prevents sellers from competing with a business they've sold for a specified period and territory.
Download
Acquisition Nda
A U.S.-governed confidentiality agreement protecting sensitive information shared during potential acquisition discussions and due diligence.
Download
Acquisition Letter Of Intent
A preliminary, non-binding document under U.S. law that outlines the proposed terms for acquiring a company or its assets.
Download
Acquisition Confidentiality Agreement
A U.S.-governed legal agreement protecting confidential information shared during potential acquisition discussions and due diligence processes.
Download
Term Sheet Merger And Acquisition
A non-binding document outlining key terms and conditions for proposed M&A transactions under U.S. law.
Download
Term Sheet For Acquisition Of Shares
A preliminary document outlining key terms for share acquisition in the US, serving as a framework for definitive agreements.
Download
Term Sheet For Acquisition Of Company
A non-binding document outlining key terms and conditions for a proposed company acquisition under U.S. law.
Download
Stock Purchase Letter Of Intent
A preliminary, non-binding document under U.S. law that outlines proposed terms for a stock purchase transaction.
Download
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)