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Commercial Real Estate

Letter of Intent to Purchase Commercial Real Estate

Drafting letters of intent for commercial real estate transactions is time-consuming and detail-intensive. Attorneys must carefully structure purchase terms, contingencies, and protective clauses while ensuring consistency across multiple deal points. Manual drafting often requires 2-3 hours per LOI, delaying deal momentum and increasing transaction costs.

Automation ROI

Time savings at a glance

Manual workflow2.5 hoursAverage time your team spends by hand
With CaseMark8 minutesDelivery time with CaseMark automation
EfficiencySave 18.8x time with CaseMark

The Problem

Drafting letters of intent for commercial real estate transactions is time-consuming and detail-intensive. Attorneys must carefully structure purchase terms, contingencies, and protective clauses while ensuring consistency across multiple deal points. Manual drafting often requires 2-3 hours per LOI, delaying deal momentum and increasing transaction costs.

The CaseMark Solution

CaseMark automates commercial real estate LOI drafting with AI-powered document generation. Simply input your transaction terms, and receive a comprehensive, professionally structured letter of intent in minutes. Our platform ensures all critical provisions—from due diligence periods to exclusivity clauses—are properly included and customized to your deal.

Key benefits

How CaseMark automations transform your workflow

Generate complete commercial real estate LOIs in under 10 minutes

Ensure all essential terms are included: purchase price, earnest money, contingencies, and closing provisions

Customize due diligence periods, financing terms, and exclusivity clauses automatically

Maintain deal momentum with rapid turnaround on transaction documents

Reduce drafting time by 95% while maintaining professional quality and accuracy

What you'll receive

Header with date and seller information
Introduction and parties identification
Key transaction terms (purchase price, earnest money, due diligence)
Financing contingency provisions
Closing date and cost allocation
Non-binding nature clause
Confidentiality and exclusivity provisions
Signature blocks for buyer and seller acceptance

Document requirements

Required

  • Property Information
  • Transaction Terms

Optional

  • Prior Correspondence
  • Property Appraisal
  • Title Report

Perfect for

Real Estate Attorney
Transactional Lawyer
Corporate Counsel
Real Estate Paralegal
Solo Practitioner
Commercial Real Estate Broker

Also useful for

This workflow is applicable across multiple practice areas and use cases

Asset Purchase85% relevant

LOIs are frequently used in asset purchase transactions to outline preliminary terms before drafting definitive purchase agreements, particularly when real estate is a significant component of the asset sale.

Asset purchases often involve commercial real estate as part of the transaction, and the LOI structure (purchase price, earnest money, due diligence, contingencies) directly applies to asset acquisition negotiations.

M&A transactions involving companies with significant real estate holdings require LOIs to establish preliminary deal terms, including property valuations, due diligence periods, and financing contingencies.

Many M&A deals include commercial real estate assets, and the LOI framework is essential for establishing non-binding preliminary agreements before executing definitive merger or acquisition documents.

Corporate General72% relevant

Corporate counsel use LOIs when companies acquire or dispose of commercial properties for business operations, expansion, or relocation purposes.

In-house corporate attorneys regularly handle real estate transactions as part of corporate operations and need efficient tools to draft preliminary purchase agreements for commercial properties.

Loan And Financing68% relevant

Lenders and borrowers use LOIs to outline terms for acquisition financing secured by commercial real estate, establishing preliminary agreement on purchase price and financing contingencies before formal loan documentation.

Commercial real estate financing transactions often begin with LOIs that establish the property purchase terms and financing structure, which are critical for loan underwriting and documentation.

Frequently asked questions

Q

What is included in a commercial real estate letter of intent?

A

CaseMark generates comprehensive LOIs including all key terms: purchase price, earnest money deposit, due diligence period, financing contingencies, closing date, cost allocation, and protective provisions like confidentiality and exclusivity clauses. Each section is customizable to your specific transaction requirements.

Q

How long does it take to draft a commercial property LOI?

A

With CaseMark, you can generate a complete commercial real estate LOI in 8-10 minutes. Traditional manual drafting typically requires 2-3 hours. Our AI-powered platform automates the structure while allowing you to customize all transaction-specific terms.

Q

Is a letter of intent legally binding?

A

CaseMark includes standard non-binding language while making specific provisions like confidentiality and exclusivity binding as needed. The platform clearly delineates which sections create legal obligations and which are expressions of intent, protecting both parties appropriately.

Q

Can I customize financing contingencies and due diligence periods?

A

Yes, CaseMark allows full customization of all transaction terms including financing contingencies, due diligence timeframes, inspection periods, and approval conditions. You control every variable while the platform ensures proper legal structure and language.

Q

What happens after the LOI is signed?

A

CaseMark's LOI includes clear next steps, specifying the timeline for executing a definitive Purchase and Sale Agreement. The document establishes exclusivity periods and due diligence deadlines to maintain transaction momentum while protecting your client's interests.

Q

How does CaseMark handle earnest money and closing cost provisions?

A

CaseMark automatically structures earnest money deposit terms, including amounts, timing, and escrow holder designation. The platform also allocates closing costs between buyer and seller, covering transfer taxes, title insurance, and escrow fees according to your specifications.

Q

Can I use this for multi-property or portfolio acquisitions?

A

Yes, CaseMark can be used for single properties or adapted for portfolio transactions. The platform's flexible property description fields accommodate multiple parcels, and you can customize terms to reflect complex, multi-asset commercial real estate deals.