AZREB.com | Real Estate Forms

LETTER OF INTENTION

Dear :

The undersigned Seller hereby agrees to sell my property located at City of , State of , legally described in Exhibit “A”, attached and made a part hereof, under the following basic terms and conditions:

$ Total Selling Price

$ Cash Down Payment

$ Balance of Purchase Price to be paid as follows:

Included in the sale are the following items of personal property:

If this Letter of Intention is not accepted on or before , it shall be declared null and void and of no further effect.

The terms of this letter shall be in force and effect until a more formal and detailed contract is drawn and signed by both parties, which shall close escrow not later than .

Very truly yours,

The above basic terms are acceptable to me.

Dated , _____

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