There are a lot of very important items in these documents and you do not want to make a mistake here. This begs the question, "What is the most important clause to include in a purchase agreement or letter of intent?"
The Most Important Clause to Include in a Letter of Intent (LOI) Or Purchase Contract. Writing a Purchase Contract or Letter of Intent (LOI) to buy an apartment building or commercial property can be an exciting experience. It can also be a bit intimidating. This is especially true for beginning investors.