The Pitfalls Associated With Letters of Intent: What You Need to Know

Outlining the basic terms of a real estate transaction in a letter of intent can help prevent future disagreements between parties — it can also lead to them. When this type of document is incomplete, self-contradicting or up for interpretation, problems often arise. The most significant is confusion as to whether the letter is binding […] The post The Pitfalls Associated With Letters of Intent: What You Need to Know appeared first on Bernick | Lifson.

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