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Letters of Intent Real Estate Transactions

Lowndes

Basic Elements of Letters of Intent

Lowndes on

Letters of intent (LOIs) are used to summarize the material terms of a proposed transaction, typically involving the leasing or sale of real property. Sometimes called term sheets, letters of interest or deal sheets, LOIs are...more

Weintraub Tobin

The Importance and Dangers of Letters of Intent

Weintraub Tobin on

Despite a global pandemic and a bingo-card full of natural disasters and calamities, the commercial real estate market has been extremely active over the past two years. While there are some signs that activity will be less...more

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

Whitman Legal Solutions, LLC

Anatomy of a Real Estate Transaction–Pre-Contract Period

Like musical compositions, most real estate transactions share a common pattern. This is the second in a series of articles about the Anatomy of a Real Estate Transaction. This article discusses what happens before the...more

Whitman Legal Solutions, LLC

Anatomy of a Real Estate Transaction – Parts of the Transaction

Real estate transactions are similar to musical forms. Most follow a similar pattern, but like real estate, each transaction is as different as each parcel of real estate, itself.  This is the first in a series of articles...more

Allen Matkins

Five Strategies to Increase Buyer Leverage in Sign-and-Go-Hard Transactions

Allen Matkins on

Sign-and-go-hard transactions have become the new normal in the feverish real estate market of recent years. While standard purchase agreements typically contain a diligence period during which the buyer may terminate the...more

Blank Rome LLP

Traps for the Unwary under California Law: How Good Deals Can Go Bad

Blank Rome LLP on

California law has the potential to produce unintended consequences in real estate transactions. Below are a few of the legal “gotchas” that deal makers should keep in mind in transactions where California law governs. ...more

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