4.Adjustments and pro_rations shall be made at Closing for rent, utilities, and property taxes. 5.Buyer must find acceptable financing for a portion of the purchase price. (could be a contingency) 6.Seller shall assist in delivering, and Buyer must receive, a lease agreement with rates and terms that are acceptable to the Buyer for the property at specified address.
9. Describe what you would like to review during the due diligence period _ financial information, leases, rent roll, etcሂ. Include the earnest money you would be prepared to put down during due diligenceሃ. Identify a Closing Date target _ it may be within 30 or 45 days of conclusion of the Due Diligence Period. This will vary based on the projectሄ. End the letter stating if these terms are acceptable, to let you know and you will follow up with a formal Purchase Agreement to move forward on the purchaseህ. Sign the letter.