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002 Letter Of Intent Job Position Sample

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Buyer accepts offer and signs it, where offer acceptance is binding depends of the legal jurisdiction. For example English and common law differs slightly from American uniform commercial law on matters of offer acceptance and when performance becomes binding on an offer.

Once you have an idea as to the big picture items of the deal, it is time to get to the small items. Funny thing is in most purchase agreements nothing is small. In the Purchase Agreement we talk about things like: 1. Possession Date 2. Contingencies 3. Financing 4. Inspections of the property, leases, and other documents 5. What happens if we close on time? 6. What happens if we do not close on time? 7. Rent credits, prorations, etc. And much more...

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