A Letter of Intent to Buy Property is commonly used in Canadian real estate transactions as an initial step before entering into a formal purchase agreement. This document is particularly valuable when dealing with complex property transactions or commercial real estate, where detailed negotiations and due diligence are required. It provides a structured framework for expressing serious interest in purchasing property while outlining key terms and conditions. The document typically includes property details, proposed purchase price, timeline for due diligence, and any special conditions, all while adhering to relevant provincial property laws and regulations. While generally non-binding, it demonstrates commitment and can include binding provisions for certain aspects like confidentiality or exclusivity periods. This type of document helps prevent misunderstandings and provides a clear roadmap for proceeding with the transaction.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Date and Address Block: Current date and recipient's complete address details
2. Subject Line: Clear indication that this is a Letter of Intent to Purchase specific property
3. Opening Paragraph: Introduction of the potential buyer and clear statement of intent to purchase
4. Property Details: Complete legal description and address of the property being considered for purchase
5. Purchase Price: Proposed purchase price and any general terms regarding payment
6. Basic Terms: Fundamental terms including proposed closing date, deposit amount, and basic conditions
7. Due Diligence: Timeline and requirements for property inspection and document review
8. Exclusivity Period: Proposed period during which the seller agrees not to entertain other offers
9. Non-Binding Statement: Clear statement that this is a non-binding letter of intent except for specific terms (like confidentiality)
10. Next Steps: Timeline and process for moving forward with formal purchase agreement
11. Closing: Signature block and contact information for further communication
1. Financing Contingency: Include when purchase is dependent on securing specific financing arrangements
2. Property Use: Include when buyer has specific intended use that needs to be validated
3. Environmental Conditions: Include for commercial properties or when environmental concerns exist
4. Existing Leases: Include when property has current tenants and lease agreements
5. Seller's Obligations: Include when requiring specific actions or confirmations from seller during due diligence
6. Confidentiality Terms: Include when transaction requires specific confidentiality provisions
7. Break Fee: Include when parties want to specify compensation if either party backs out after certain stage
1. Property Description Schedule: Detailed legal description of property and included fixtures/chattels
2. Initial Due Diligence Checklist: List of documents and information requested for review
3. Proposed Timeline: Detailed timeline of key dates and deadlines for the transaction
4. Current Lease Summary: Summary of existing leases if property is tenant-occupied
5. Property Condition Photos: Current dated photos of property condition if relevant to purchase terms
Find the exact document you need
State Approved Real Estate Purchase And Sale Agreement
A provincially-approved standard agreement for real estate transactions in Canada that governs the legal transfer of property between seller and buyer.
Download
State Approved Purchase And Sale Agreement
A standardized Canadian legal document for real estate transactions that governs the transfer of property between buyers and sellers under federal and provincial regulations.
Download
Sellers Agreement For House
A Canadian legal agreement outlining terms and conditions for the sale of residential property, compliant with federal and provincial real estate laws.
Download
Selling A Car Letter Agreement
A Canadian-compliant letter agreement documenting the sale and purchase of a motor vehicle, including essential terms and conditions for legal transfer of ownership.
Download
Purchase Agreement For Vacant Lot
A Canadian legal agreement for the purchase and sale of vacant land, outlining transaction terms and conditions under federal and provincial jurisdiction.
Download
Dental Practice Asset Purchase Agreement
A Canadian legal agreement for the purchase and sale of dental practice assets, including tangible and intangible assets, ensuring compliance with healthcare and business regulations.
Download
Contract To Buy Land
A legally binding agreement for land purchase in Canada, outlining terms and conditions for property transfer in accordance with federal and provincial laws.
Download
Car Sales Agreement Contract
A Canadian-law governed agreement that documents the terms and conditions for the sale and purchase of a motor vehicle, ensuring legal compliance and protecting both parties' interests.
Download
Land Buying Agreement Form
A legally binding agreement for land purchase and transfer in Canada, outlining all essential terms and conditions of the transaction while ensuring compliance with federal and provincial regulations.
Download
Installment Sales Contract (Real Estate)
A Canadian contract governing the sale of real estate through installment payments, compliant with federal and provincial regulations.
Download
Letter Of Agreement For Sale Of Land
A Canadian legal document formalizing the essential terms and conditions for the sale of land between a vendor and purchaser, creating binding obligations under provincial property laws.
Download
Business Sale Contract
A Canadian law-governed agreement facilitating the complete transfer of business ownership, detailing all aspects of the sale transaction including assets, liabilities, and obligations.
Download
Cross Purchase Buy Sell Agreement
A Canadian-law governed agreement establishing terms for business owners to buy out each other's interests upon specific triggering events.
Download
Real Estate Purchase Contract Form
A legally binding Canadian real estate contract that documents the terms and conditions for property purchase and sale transactions, ensuring compliance with federal and provincial regulations.
Download
Purchase Sale Contract
A Canadian law-governed agreement documenting terms and conditions for the sale and purchase of goods between two parties, including product specifications, pricing, delivery, and warranties.
Download
Personal Property Sale Agreement
A Canadian law-governed agreement documenting the sale and purchase of personal property, including terms, conditions, and transfer of ownership provisions.
Download
Owner To Owner House Sale Contract
A Canadian-law governed contract for direct property sale between private owners, outlining terms, conditions, and requirements for residential property transfer.
Download
Mobile And Manufactured Home Purchase Agreement And Sales Contract
A Canadian legal agreement for the purchase and sale of mobile or manufactured homes, ensuring compliance with federal and provincial regulations while protecting both buyer and seller interests.
Download
House Sales Contract On For Sale By Owner
A legal contract for private residential property sales (For Sale By Owner) in Canada, covering all essential elements required for valid property transfer under Canadian law.
Download
Conditional Sale And Purchase Agreement
A Canadian law-governed agreement for asset sales where title transfers upon meeting specified conditions, typically full payment, while complying with federal and provincial regulations.
Download
Confidentiality Agreement For Sale Of Business
Canadian-law governed confidentiality agreement protecting sensitive information during business sale processes and due diligence.
Download
Agreement To Sell Personal Property
A Canadian legal agreement governing the sale and transfer of personal property between parties, compliant with provincial and federal legislation.
Download
Sales And Purchase Agreement Word Document
A Canadian-compliant agreement documenting the terms and conditions for the sale and purchase of goods between parties, incorporating federal and provincial legal requirements.
Download
Standard Real Estate Sales Contract
A Canadian-compliant contract governing the sale and purchase of real property, outlining all terms, conditions, and obligations of the transaction.
Download
Agreement To Sell A Car Privately
A Canadian legal agreement for the private sale of a motor vehicle between individuals, documenting sale terms and ownership transfer.
Download
Builders Agreement Of Purchase And Sale
A Canadian legal agreement between builders and buyers for the sale and construction of new properties, incorporating provincial building codes and warranty requirements.
Download
Contract Of Sale Of Residential Property
A legally binding agreement under Canadian law that documents the terms and conditions for the sale and purchase of residential property.
Download
Boat Slip Purchase Agreement
A Canadian legal agreement for the purchase and transfer of ownership rights to a boat slip, incorporating federal marine and provincial property laws.
Download
Hotel Purchase And Sale Agreement
A Canadian law-governed agreement for the purchase and sale of hotel properties, including real estate, business operations, and associated assets.
Download
Standard Land Purchase And Sale Agreement
A legally binding Canadian agreement documenting the terms and conditions for the purchase and sale of real property, ensuring compliance with federal and provincial regulations.
Download
Purchase And Resale Agreement
A Canadian-law governed agreement establishing terms for purchasing and reselling goods, including pricing, delivery, and territorial rights.
Download
Contract For The Sale Of Used Car
A Canadian legal agreement for the sale and transfer of ownership of a used vehicle, complying with federal and provincial regulations while protecting both buyer and seller interests.
Download
Real Estate Bill Of Sale Contract
A Canadian legal document that formalizes the sale and transfer of real property between parties, outlining all essential terms and conditions of the transaction.
Download
As Is Where Is Sale Agreement
A Canadian law-governed agreement for the sale of property or assets on an 'as is, where is' basis, with no warranties and full risk transfer to the buyer.
Download
Non Compete Asset Purchase Agreement
A Canadian-law governed agreement combining asset purchase terms with non-compete provisions, ensuring business asset transfer and protecting the buyer's interests through competitive restrictions.
Download
Stock Sale Agreement Form
A Canadian legal document that formalizes the sale and transfer of shares between parties, ensuring compliance with federal and provincial regulations.
Download
Sale Of Personal Goodwill Agreement
A Canadian law-governed agreement for the sale and transfer of an individual's professional goodwill, including reputation and business relationships, to a purchaser.
Download
Agreement Of Purchase And Sale Form
A standardized Canadian legal document that formalizes the terms and conditions of a real estate property sale transaction between a buyer and seller.
Download
Agreement Of Sale For A Residential Stand
A Canadian legal agreement for the sale and purchase of a residential stand, outlining terms, conditions, and obligations for property transfer.
Download
As Is Property Sale Agreement
A Canadian legal agreement for the sale and purchase of property in its current condition ('as is'), without warranties or representations regarding its state.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)