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The Real Estate Simple Letter Of Intent To Sell Property is a crucial preliminary document in New Zealand property transactions, typically used when a property owner wishes to formally communicate their intention to sell a property before entering into a binding agreement. This document is particularly relevant in situations where parties want to establish basic terms and show serious intent while maintaining flexibility for negotiation. It includes essential information such as property details, proposed pricing, and basic conditions, serving as a stepping stone toward a formal sale and purchase agreement. While not legally binding for the final sale, it carries significant weight in New Zealand's property market as it demonstrates commitment and helps frame subsequent negotiations. The document must comply with New Zealand property law requirements and real estate practices, though it remains less formal than a full sale and purchase agreement.

1. Date and Address Block: Date of the letter and recipient's full contact details

2. Subject Line: Clear identification of the document as a Letter of Intent for property purchase

3. Opening Statement: Formal introduction and identification of the potential buyer

4. Property Identification: Detailed description of the subject property including address and legal description

5. Purchase Price: Proposed purchase price and any basic payment terms

6. Basic Terms: Key transaction terms including proposed settlement date and any major conditions

7. Due Diligence: Proposed timeframe and scope for due diligence investigation

8. Non-Binding Nature: Clear statement that this is not a binding offer to purchase

9. Next Steps: Proposed timeline for moving forward and preparation of formal agreements

10. Closing and Signature: Formal closing, signature block, and contact information