Letter Of Intent To Purchase (Page 2 of 2) in pdf

Letter Of Intent To Purchase Page 2

6. Conditions Precedent: The obligation of the Purchaser to purchase the Property will be

subject to satisfaction or written waiver by the Purchaser of the following conditions

within 60 days after execution and delivery of the Agreement.

Review and approval of the documentation concerning the property;

Completion of satisfactory physical and environmental inspections of the Property;

including suite inspections.

Completion of satisfactory due diligence search and examinations;

Satisfactory review of the title of the Property;

Satisfactory first mortgage financing being arranged for the purchase of the Property;

Satisfactory second mortgage being provided by the Vendor for the purchase of the

Property;

7. Additional Items: This letter of intent hereby states the major terms of the agreement

that the Purchaser would be prepared to move forward with. This letter of intent is in no

way a legally binding agreement between the Purchaser and the Vendor.

Sincerely,

_____________________________________

The above terms are accepted this ___________ Day of _______________, 200_

Signed:

_____________________________________

Name:

_____________________________________

Title:

_____________________________________

Company:

_____________________________________

Phone: ( )

Cell: ( )

Fax: (

)

Email:

Letter Of Intent To Purchase Page 2