2.) Some buyers will want to skip the LOI and instead submit a full purchase contract. They figure, why should they pay their lawyer to draw up both documents. But a purchase contract requires a significant amount of time and attorneys fees to draft. Once the buyer has made this big investment in legal fees, it puts a lot of pressure on them that is detrimental to the negotiating process.
One year absence _ If the student_athlete has not attended any two_year or four_year institution for at least one academic year, provided the request for athletic aid for a subsequent term has been denied by the institution.