Commercial Real Estate – Binding Letter of Intent, Or Not?
Esquire Property Management Group
DECEMBER 18, 2023
3d 1058 – CA Court of Appeals, 9th Circuit 2011 ; Copeland v. Many times, this is merely the starting point of negotiations between a purchaser and a seller which is commonly drafted by a purchaser’s broker or attorney. This is when the property officially changes hands. An agreement to agree to something in the future.
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