LOI - Residential

[Your Name]
[Your Company]
[Your Phone]
[Your Address]
[City], [State] [ZIP]
[Date]
[Seller Name]
[Property Address]
[City], [State] [ZIP]
*** NON-BINDING LETTER OF INTENT ***
RE: Letter of Intent - [Property Address]
Dear [Seller Name],
This Letter of Intent ("LOI") is a non-binding expression of interest to explore the potential acquisition of your property. This LOI is submitted to establish preliminary business terms before a formal purchase agreement is prepared. Neither party is obligated by this LOI unless both parties sign a formal purchase agreement.
PROPERTY DESCRIPTION
Property Address: [Property Address]
City/County: [City], [State]
Legal Description: [Legal Description]
Property Type: Single-Family Residential

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