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 ...

The evolution of the real estate business in Nevada over the last 30 years has resulted in a purchase agreement going from a simple one-page contract to a lengthy ...

In commercial real estate transactions, whether it’s a purchase or lease, letters of intent are ubiquitous. They appear absolutely harmless. After all, ...

1. Demonstrates Commitment. While the majority are non-binding, the parties’ willingness to negotiate and execute a letter of intent demonstrates a preliminary commitment to the deal. 2 ...