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Defines the proposed terms and conditions, including parties’ identities and addresses, the property description, purchase price, financing contingency options, closing and possession dates, allocation of closing costs, inspection rights and post-inspection disclosure reporting, standstill obligations, additional terms, and the good-faith intent to negotiate. Specifies governing law and includes signature blocks for both seller and buyer.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/commercial-letter-of-intent-to-purchase-template/278326/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/commercial-letter-of-intent-to-purchase-template/278326.png","ImageObject",442,249,{"name":88,"@type":89},"Genevieve","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-27","2026-09-15",true,{"@type":98,"interactionType":99,"userInteractionCount":20},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What information does the letter require about the buyer and seller?","Question",{"text":108,"@type":109},"It includes the buyer and seller names (as defined as the Parties) and mailing addresses, plus signature and printed name fields for both sides.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How does the template handle financing conditions?",{"text":113,"@type":109},"It offers a check option to make the letter conditional upon financing or not conditional. If conditional, financing terms must be completed in the provided section.",{"name":115,"@type":106,"acceptedAnswer":116},"What happens after the property inspection if the parties cannot agree?",{"text":117,"@type":109},"After inspection, the buyer can report new disclosures to the seller within a set number of days. If the parties cannot reach agreement within the specified period after written disclosures are delivered, the purchase agreement is terminated and earnest money is returned to the buyer.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},278326,1789509069,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":20,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":73,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":125,"read_time":9},1374391974585,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","COMMERCIAL LETTER OF INTENT TO PURCHASE  \nDate:  \n_________________  \n______________________  \n______________________  \n______________________  \n______________________  \n______________________  \n______________________  \nRE: Intent to Purchase Commercial Property  \nThis Letter of Intent (the “Letter”) sets forth the proposed terms and conditions of the Transaction described hereunder and shall govern the relationship between the Buyer and Seller (the “Parties”) until replaced by a definitive, formal agreement addressing the same transaction and subject matter (the “Purchase Agreement”) . The Transaction considered in this Letter and in the Purchase Agreement is subject in all respects to the following:  \n1. THE BUYER   (the “Buyer”) with a mailing address of    \n2. THE SELLER   (the “Seller”) with a mailing address of    \n3. PROPERTY. Property Address:   (the “Property”) . Additional Description:  \n4. FINANCIAL TERMS. The Buyer intends to purchase the Property for  \n   Dollars $  (the “Purchase Price”) .  \n5. FINANCING. The Buyer has made it known this Letter is: (check one)  \n☐ -Conditional Upon Financing. This Letter is conditional on the Buyer’s  \nability to obtain financing. Financing shall be under the following terms:  \n☐ -NOT Conditional Upon Financing. This Letter is not conditional on the  \nBuyer’s ability to obtain financing.  \n6. CLOSING. The Closing shall occur on   or earlier by mutual agreement (the “Closing”) . Any change of date for the Closing must be agreed upon in writing by both Parties.  \n7. CLOSING COSTS. Closing costs shall be the responsibility of: (check one)  \n☐ The Buyer.  \n☐ The Seller.  \n☐ The Parties each bearing their own expenses.  \n8. POSSESSION. Possession of the Property shall be given on   (the“Possession”) . Any change of date for the Possession must be agreed upon in writing by the Buyer and Seller.  \n9. PROPERTY INSPECTION. Following the creation of a formal Purchase Agreement, the Buyer shall hold the right to have the Property inspected by a person of their choosing. The inspection shall occur no later than   days after a Purchase Agreement has been created.  \nFollowing the Property inspection, the Buyer shall have an additional   days to report any new disclosures to the Seller in writing. If the Parties cannot reach an agreement within   days after delivery of the written disclosures, the Purchase Agreement shall be terminated with any earnest money being returned to the Buyer.  \n10. STANDSTILL AGREEMENT. Following the execution of this Letter, and until Closing, the Seller shall not negotiate for the sale of the Property with any other party unless either the Parties agree in writing to terminate this Letter, or the Parties fail to sign a Purchase Agreement by   .  \n11. ADDITIONAL TERMS & CONDITIONS.  \n12. INTENTION OF THE PARTIES. This Letter sets forth the intentions of the Parties to use reasonable efforts to negotiate, in good faith, a Purchase Agreement with respect to all matters herein. Notwithstanding paragraphs 4, 5 , and 10 through 14 , which shall be legally binding, any legal obligations with respect to all other matters shall only arise if and when the Parties execute and deliver a Purchase Agreement.  \n13. GOVERNING LAW. This Letter shall be governed under the laws of the State of  \n  .  \n14. SIGNATURES.  \nSeller Signature:    \nPrint Name:    \nBuyer Signature:    \nPrint Name:","cbCaih1qivua7S0v","https://ap.wps.com/l/cbCaih1qivua7S0v","pdf",542722,"English","# Key Parties and Property Information\n# Financial and Transaction Terms\n# Contingencies, Timing, and Termination\n# Legal Terms and Signatures","[{\"question\":\"What information does the letter require about the buyer and seller?\",\"answer\":\"It includes the buyer and seller names (as defined as the Parties) and mailing addresses, plus signature and printed name fields for both sides.\"},{\"question\":\"How does the template handle financing conditions?\",\"answer\":\"It offers a check option to make the letter conditional upon financing or not conditional. If conditional, financing terms must be completed in the provided section.\"},{\"question\":\"What happens after the property inspection if the parties cannot agree?\",\"answer\":\"After inspection, the buyer can report new disclosures to the seller within a set number of days. If the parties cannot reach agreement within the specified period after written disclosures are delivered, the purchase agreement is terminated and earnest money is returned to the buyer.\"}]","Commercial Letter of Intent to Purchase Template | PDF"]