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007 Letter Of Intent Sample Business Deal Valid To Purchase Template

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A professionally written LOI should contain the following information: Name of the Company the Buyer is representing, Address of the Corporation, Name of the Buyer's Mandate, Dated within the last 30 days, Information on the geographical area where property is desired, Purchase price the buyer is willing to pay including fees, Type of property desired (residential, commercial etc), Level of rehab acceptable (low, medium, heavy etc), Due diligence period the buyer is willing to accept, Closing time after due diligence, How the buyer will show Proof of Funds (POF) to the seller, Sample Letter for LOI, Real Estate Corporations, Inc. , 123, Main Street , San Francisco, CA 94101 , 鲻) 456󩷂 , November 27, 2009

Major terms that should be included in a letter of intent, however, include the total price to be paid, including the down payment and the installment payments; a description of assets or stock to be sold; tax allocation of the price among fixed assets, goodwill, non_compete covenants, and consulting fees; and target dates for contract signing and closing. Of all of these components, price and payment terms are easily the most important elements of the letter.

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