Broker Document Real Estate Property Management 
Esquire Property Management Group
DECEMBER 18, 2023
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. Nevertheless, it is not uncommon for LOIs to lack a direct and unequivocal declaration of intent.
Esquire Property Management Group
DECEMBER 11, 2023
This can include reimbursement for lost income and ongoing expenses during the recovery period, but it is crucial for business owners to have well documented operations to not be scrambling after an event has occurred. For example, brokers, property managers, attorneys all have a duty to carry E&O insurance for their operations.
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