LETTER OF INTENT TO PURCHASE REAL ESTATEPurchase Real Estate • October 8th, 2020
Contract Type FiledOctober 8th, 2020regarding the possible acquisition by Buyer (the "Transaction") of certain real property owned by Seller located at ________________________________________ with the legal description __________ ______________________________________________________ (the “Property”). This Letter sets forth certain terms and conditions to be included in a future definitive purchase agreement (the “Purchase Agreement”) with such other representations, warranties, conditions, covenants, indemnities and other terms as the parties may agree upon. The parties agree that their goal and interest herein is to bring about the Transaction, and thus, promise to negotiate the Purchase Agreement in good faith for the period set forth below.