Letter Of Intent To Purchase

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Letter of Intent to Purchase
This letter is to set forth the basic terms upon which
(Buyer name)________________________________,or one of its holding companies would be willing to purchase the
____________________________________________________ (if several,
tax deed for the property listed as:
please attach list) Offer Price: $____________ Purchase shall be subject to the following terms:
Due diligence / feasibility period: _________ days
Requested Name to be on Deed
Mailing Address
Phone #
Email
Please acknowledge below the desired course of action. Please keep in mind your choices may impact the
asking price of the property.
Conveyance:
______Quit claim (buyer is responsible for any/ all back taxes, liens on the property)
Additional requirements: _____________________________________________________________
OR
______Clear Title
Additional requirements: _____________________________________________________________
This letter is intended, as a non-binding expression of interest on the part of the buyer to purchase the Assets
and not a binding purchase agreement. It is the intent of the Buyer to enter into a purchase agreement no
later than the _______ day of ____________________ 20___. This agreement would incorporate the terms
set forth herein, together with such terms agreed to by the Buyer and seller, which if accepted, would create a
legally binding contract. If the terms set forth herein form an acceptable basis upon which you would buy the
Assets, and you would like to move forward with a purchase contract, please indicate by signing below.
Buyer Name:_____________________________________
(Name on Deed):__________________________________
Signature_________________________________________
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