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Letters of Intent Binding Contractual Rules

Troutman Pepper

Letters of Intent in Commercial Real Estate Leases

Troutman Pepper on

Letters of intent (LOIs) are frequently used by parties to formalize terms for commercial real estate leases. LOIs are implemented in the beginning stages of a transaction to ensure there is a meeting of the minds on major...more

Bowditch & Dewey

Land Court Finds that Texting Can Bind Parties

Bowditch & Dewey on

The Massachusetts Land Court has held that text messages may form a binding contract in connection with the sale of real estate!! While neither punctuation nor colorful texting acronyms can make this decision more noteworthy...more

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