When is a Letter of Intent, not a Letter of Intent?

Often overlooked, and even more often mischaracterized, a letter of intent (LOI) provides a valuable guide and preliminary structure for parties entering into a commercial real estate transaction. However, without a proper understanding of the purpose and utility, uninformed parties…

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Do Due Diligence, or Risk Demolition

In previous blogs, we’ve touched on the concept of due diligence during a real estate transaction. Specifically, we reviewed the due diligence obligations of a purchaser, as well as the legal threshold of due diligence the law imposes on each…

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