Ads
related to: letter of intent buying property
Search results
Results From The WOW.Com Content Network
School administrators in secondary education often require a letter of intent before approving the formation of a student club. In real estate, in cases where the real property in question is not listed on a multiple listing service, there may not be an easy way to notify the owner of the property and other interested parties of intent to ...
A set of heads of agreement, heads of terms, or letter of intent is a non-binding document outlining the main issues relevant to a tentative sale, partnership, or other agreement. [ 1 ] A heads of agreement document will only be enforceable when it is adopted into a parent contract and is subsequently agreed upon, unless otherwise stated.
A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.
The plaza’s most recent owner, Lakeshore Mall LLC, bought the property in 2005. In 2007, the same owner purchased the vacant mall to the south, Mid-Cities, at 828 Memorial Drive.
Prospective buyers also pay an earnest money deposit to demonstrate serious intent to purchase a home. You’ll typically need to pay 1 percent of the home’s agreed-upon purchase price.
Summa and HATCo in January announced they signed a non-binding letter of intent outlining HATCo’s planned acquisition of Summa. When is the sale expected to close? Paper spiral wall calendar and ...