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. A Commercial Real Estate Letter of Intent (LOI) is a document that is designed to outline the terms and conditions of a “potential” commercial real estate transaction between a buyer and a seller. Mortgage Co. Federal Realty Inv.
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