Real Estate Owners and Agents: Time to Tighten Up Those Letters of Intent
Posted by Marc McCain on December 16, 2008 , No comment
Sure, deals are scarce right now and nitpicking deal point language may be the last thing real estate owners and agents want to hear. However, a well drafted letter of intent (“LOI“) is critical to laying the groundwork for each party’s expectations in a deal and avoiding sticking points in contract negotiations. In contrast, LOI’s [...]
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