The Letter of Intent lays out the basic deal points and deadlines that should be agreed before proceeding to practice-specific loan applications, comprehensive due diligence disclosures and review, lease application, opening escrow, and contract and lease assignment drafts and negotiation.
Provision, review, and/or discussion of a Letter of Intent is hourly or a reduced flat rate, that is applied to the full flat rate price if you go forward with the purchase or sale. Joint representation is available at flat rate with attorney’s consent and conflict of interest disclosures, and clients’ consent.