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Commercial Real Estate – Binding Letter of Intent, Or Not?

Esquire Property Management Group

3d 1058 – CA Court of Appeals, 9th Circuit 2011 ; Copeland v. Black’s Law Dictionary – A letter of intent is customarily employed to reduce to writing a preliminary understanding of parties who intend to enter into a contract, or who intend to take some other action such as merger of companies. Mortgage Co. Federal Realty Inv. Trust, 631 F.