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Letter of Intent to Purchase Commercial Real Estate

Draft Commercial Real Estate LOIs in Minutes

8 minutes with CaseMark

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Run it in CaseMark

Upload your documents and get a finished work product in minutes. New accounts get $5 free to run their first skill.

8 minutes with CaseMark

What you'll need

  • Property Information
  • Transaction Terms

SOC 2 Type II · HIPAA compliant · $5 free credit

Workflow

Overview

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.

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.

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.

How it works

  1. 1. Upload your documents

  2. 2. AI analyzes and extracts key information

  3. 3. Review and customize the generated content

  4. 4. Export in your preferred format (DOCX, PDF)

What you get

  • 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

What it handles

  • 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

Required documents

  • Property Information

    Property address, APN, and description of improvements

    .pdf, .docx, .txt

  • Transaction Terms

    Purchase price, earnest money amount, closing date, and financing terms

    .pdf, .docx, .xlsx

Supporting documents

  • Prior Correspondence

    Previous negotiations or communications with seller

    .pdf, .docx, .eml

  • Property Appraisal

    Recent appraisal or valuation documents

    .pdf

  • Title Report

    Preliminary title report or property records

    .pdf

Why teams use it

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

Questions

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

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.

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

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.

Is a letter of intent legally binding?

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.

Can I customize financing contingencies and due diligence periods?

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.

What happens after the LOI is signed?

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.

How does CaseMark handle earnest money and closing cost provisions?

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.

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

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.

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