Get Letter of Intent to Purchase Real Estate
In real estate owned by you (the “Seller”). The terms set forth in this Letter will not become binding until a more detailed “Purchase Agreement” is negotiated and signed by the parties, as contemplated below by the section of this Letter entitled “Non-Binding.” 1. PROPERTY ADDRESS: The property proposed to be sold is located at: ____________________________________________________ 2. PRICE: The proposed purchase price is $_____________, of which $ _____________ would be deposited.
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