A Real Estate Purchase Letter of Intent is commonly used in the Philippines as the initial formal step in property acquisition transactions. It serves as a preliminary document that communicates a serious interest in purchasing property while maintaining flexibility for both parties during negotiations. The document is particularly useful in complex real estate transactions where detailed due diligence is required before proceeding to a binding agreement. While governed by Philippine law, including the Civil Code and various real estate regulations, the LOI typically remains non-binding except for specific provisions such as confidentiality or exclusivity. It should include essential elements like property details, proposed purchase price, payment terms, due diligence requirements, and any special conditions, while clearly stating its non-binding nature to avoid unintended legal obligations.
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 complete address of the property owner/seller
2. Proper Salutation: Formal greeting to the property owner/authorized representative
3. Introduction: Identifies the parties and states the purpose of the letter
4. Property Details: Complete description and address of the subject property, including lot area, improvements, and title details
5. Purchase Price: Proposed purchase price and basic payment terms
6. Basic Terms: Key transaction terms including proposed closing date and major conditions
7. Due Diligence: Request for access to conduct due diligence and timeline
8. Non-Binding Nature: Clear statement that this is not a binding offer except for specified provisions
9. Expiration Date: Validity period of the LOI
10. Closing: Professional closing, signature block, and contact information
1. Exclusivity Period: Request for exclusive negotiation rights for a specified period - include when seeking to prevent seller from entertaining other offers
2. Confidentiality: Include when sensitive information will be shared during due diligence
3. Broker Representation: Include when real estate brokers are involved in the transaction
4. Financing Contingency: Include when purchase is dependent on securing financing
5. Special Conditions: Include when there are specific requirements like zoning changes or permit acquisitions
1. Property Description Schedule: Detailed technical description of the property including lot number, boundaries, and technical specifications
2. Preliminary Terms Sheet: Basic terms and conditions of the proposed purchase in bullet point format
3. Due Diligence Checklist: List of documents and access requirements for due diligence
4. Proof of Capacity: Evidence of financial capacity to complete the purchase (bank statements, funding commitments, etc.)
Find the exact document you need
Property Purchase Letter Of Intent
A preliminary document used in Philippine real estate transactions to express formal interest in purchasing property and outline basic terms of the proposed transaction.
Download
Real Estate Purchase Letter Of Intent
A preliminary document under Philippine law expressing intent to purchase real estate and outlining key terms for negotiation.
Download
Non Disclosure Agreement Business Acquisition
Philippine-law governed NDA for protecting confidential information during business acquisition processes and due diligence.
Download
Merger And Acquisition Agreement
A Philippine law-governed agreement that sets out the terms and conditions for a corporate merger or acquisition transaction, ensuring compliance with local regulatory requirements.
Download
Letter Of Intent Share Purchase
A preliminary document under Philippine law outlining proposed terms for a share purchase transaction, serving as a framework for negotiation and due diligence.
Download
Land Acquisition Agreement
A Philippine law-governed agreement for the transfer of land ownership, detailing terms, conditions, and compliance requirements for property acquisition.
Download
Intent To Purchase Business Agreement
A Philippine law-governed preliminary agreement expressing the intention to purchase a business, outlining key terms and conditions for negotiation and due diligence.
Download
Confidentiality Agreement Mergers And Acquisitions
A Philippine law-governed confidentiality agreement for M&A transactions, protecting sensitive information during deal negotiations and due diligence.
Download
Company Acquisition Contract
A legally binding agreement under Philippine law governing the sale and purchase of a company, including all essential terms and conditions for the acquisition transaction.
Download
Company Acquisition Agreement
A legally binding agreement under Philippine law governing the sale and purchase of a company, detailing all terms, conditions, and obligations of the transaction.
Download
Commercial Purchase Letter Of Intent
A preliminary non-binding document under Philippine law outlining proposed terms for a commercial purchase transaction between parties.
Download
Buyout Term Sheet
A preliminary document under Philippine law outlining key terms and conditions for a proposed business acquisition or buyout transaction.
Download
Business Acquisition Contract
A Philippine law-governed contract facilitating the purchase and sale of a business entity or its assets, outlining all terms, conditions, and regulatory compliance requirements.
Download
Business Acquisition Agreement
A Philippine law-governed agreement documenting the terms and conditions for the acquisition of a business entity or its assets, including purchase terms, warranties, and closing conditions.
Download
Asset Purchase Term Sheet
A preliminary agreement under Philippine law outlining key terms and conditions for a proposed asset purchase transaction, serving as a basis for negotiating the final agreement.
Download
Asset Purchase Letter Of Intent
A preliminary document under Philippine law outlining proposed terms and conditions for an asset purchase transaction, serving as a framework for negotiations and due diligence.
Download
Asset Acquisition Agreement
A Philippine law-governed agreement for the transfer of assets between parties, detailing terms, conditions, and regulatory compliance requirements.
Download
Acquisition Term Sheet
A preliminary agreement outlining key terms and conditions for a proposed acquisition transaction under Philippine law.
Download
Acquisition Purchase Agreement
A Philippine law-governed agreement detailing the terms and conditions for the purchase and sale of a business or its assets.
Download
Acquisition Non Compete Agreement
A Philippine law-governed agreement that combines business acquisition terms with non-compete provisions to protect the buyer's interests during and after an acquisition transaction.
Download
Stock Purchase Letter Of Intent
A preliminary document outlining proposed terms for share purchase in the Philippines, setting framework for negotiation while complying with local corporate laws.
Download
Stock Purchase Agreement Private Company
A Philippine law-governed agreement for the sale and purchase of shares in a private company, detailing terms, conditions, and regulatory compliance requirements.
Download
Simple Merger Agreement
A foundational legal document under Philippine law that outlines the terms and conditions for combining two companies into a single entity through a merger.
Download
Acquisition Letter Of Intent
A preliminary document under Philippine law outlining proposed terms and conditions for a potential business acquisition, serving as a framework for negotiations while maintaining specific binding provisions.
Download
Share Acquisition Agreement
A legally binding agreement for the sale and purchase of company shares under Philippine law, detailing transaction terms and regulatory compliance requirements.
Download
Letter Of Intent To Purchase Business
A preliminary document outlining proposed terms for business acquisition in the Philippines, serving as a framework for negotiation and due diligence.
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)