17 Powerful Letter of Intent to Sell Property Samples

Sample 1: Basic Residential Property Sale

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Buyer’s Name]
[Buyer’s Address]
[City, State, ZIP Code]

Subject: Letter of Intent to Sell Residential Property

Dear [Buyer’s Name],

I am writing to formally express my intent to sell my residential property located at [Property Address] to you. After recent discussions, I am proposing a sale price of [Amount], with a good faith deposit of [Deposit Amount] to be held in escrow.

The property will be sold in its present condition, with any existing appliances and fixtures included as part of the sale. I suggest a closing date within 60 days of signing the formal purchase agreement and request that you conduct a home inspection within 10 business days of acceptance of this letter.

All terms herein are intended as a basis for further negotiation and are non-binding until a final agreement is executed. Please review these preliminary terms and let me know if you have any questions or would like to propose adjustments. I look forward to moving forward together.

Sincerely,
[Your Name]

Sample 2: Letter of Intent for Investment Property

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Investor’s Name]
[Investor’s Address]
[City, State, ZIP Code]

Subject: Intent to Sell Investment Property

Dear [Investor’s Name],

This letter serves as my formal intent to sell the investment property at [Property Address], including all existing structures, parking areas, and any storage facilities.

The proposed sale price is [Amount], with the buyer responsible for conducting due diligence within a 15-day period. A deposit of [Deposit Amount] will be required upon acceptance of this intent.

All rental agreements, service contracts, and maintenance records will be provided for review prior to closing. The closing is to occur within 45 days, provided all inspections and financing contingencies are satisfied. Please confirm your interest and provide any requested documentation to initiate next steps.

Kind regards,
[Your Name]

Sample 3: Sale of Commercial Property

[Your Name]
[Your Company Name]
[Address]
[City, State, ZIP Code]
[Date]

[Buyer’s Name/Company]
[Address]
[City, State, ZIP Code]

Subject: Letter of Intent to Sell Commercial Property

Dear [Buyer’s Name],

I am pleased to submit this letter of intent regarding the sale of the commercial property located at [Property Address]. The offered sale price is [Amount], inclusive of all existing improvements, parking lots, and easements. The property will be sold free of liens and encumbrances, and all environmental reports and zoning documents will be made available for your review.

I propose an initial inspection period of 30 days, with a closing date to be set no later than 60 days following mutual execution of the purchase agreement. All utilities, taxes, and insurance will be prorated as of the closing date. Please let me know if you require additional terms to be addressed.

Sincerely,
[Your Name]
[Title, if applicable]

Sample 4: Letter of Intent for Sale to a Relative

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Relative’s Name]
[Relative’s Address]
[City, State, ZIP Code]

Subject: Intent to Sell Property to Family Member

Dear [Relative’s Name],

I am writing to document my intent to sell my property located at [Property Address] to you for [Amount], as we discussed. The property will be conveyed with clear title and no outstanding debts or liens. I am willing to work with you on the schedule for inspections and closing to accommodate your circumstances, including offering flexibility on the move-in date.

All appliances and selected furnishings can remain with the property if you wish. If you are comfortable with the terms, I suggest we meet to discuss the next steps and consult a real estate attorney to ensure the transaction is handled properly.

With appreciation,
[Your Name]

Sample 5: Sale of Land Only

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Buyer’s Name]
[Buyer’s Address]
[City, State, ZIP Code]

Subject: Letter of Intent to Sell Land

Dear [Buyer’s Name],

I am writing to confirm my intent to sell the vacant land parcel located at [Land Address or Parcel Number]. The proposed sale price is [Amount]. This land is currently zoned [Zoning Type], and all boundaries have been surveyed and marked. I will provide a copy of the most recent survey and title documents for your review.

I request that you conduct all necessary environmental and soil testing within 20 days of acceptance of this letter. Closing shall occur within 45 days of the final agreement. Please respond with your acceptance of these terms or any changes you propose.

Best regards,
[Your Name]

Sample 6: Sale of Vacation Property

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Buyer’s Name]
[Buyer’s Address]
[City, State, ZIP Code]

Subject: Letter of Intent to Sell Vacation Property

Dear [Buyer’s Name],

This letter expresses my intention to sell my vacation property located at [Property Address] for [Amount]. The sale includes all buildings, fixtures, and furnishings currently present, except for a few personal items that will be listed separately. I am prepared to allow for an inspection and appraisal period of 14 days.

The property is being sold as-is, and I will provide disclosure statements as required by law. I am looking to complete the transaction within 30 days after signing the purchase agreement. Please let me know if you have any questions or require additional documentation.

Sincerely,
[Your Name]

Sample 7: Sale of Rental Property with Tenants

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Buyer’s Name]
[Buyer’s Address]
[City, State, ZIP Code]

Subject: Intent to Sell Rental Property with Existing Tenants

Dear [Buyer’s Name],

I am writing to express my intent to sell my rental property at [Property Address], which is currently leased to tenants under existing contracts. The purchase price is [Amount], and all lease agreements, security deposits, and tenant contact information will be transferred at closing.

I propose that you have 14 days to review all lease documents and tenant histories. The sale is contingent upon your acceptance of the current leases and compliance with local tenant protection laws. If these terms are agreeable, I am happy to schedule a walkthrough and further discussions.

Thank you,
[Your Name]

Sample 8: Sale with Owner Financing

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Buyer’s Name]
[Buyer’s Address]
[City, State, ZIP Code]

Subject: Letter of Intent to Sell Property with Owner Financing

Dear [Buyer’s Name],

I am prepared to sell my property at [Property Address] for [Amount], offering owner financing to assist you with the purchase. The initial down payment will be [Down Payment Amount], with the balance to be repaid over [Number] years at an annual interest rate of [Interest Rate] percent.

The financing terms, including payment schedule and penalties for default, will be detailed in a formal promissory note and deed of trust. The property will transfer upon completion of these agreements. Please advise if these terms meet your needs or if you have alternative suggestions.

Sincerely,
[Your Name]

Sample 9: Sale to an Entity or Company

[Your Name]
[Your Company Name]
[Address]
[City, State, ZIP Code]
[Date]

[Entity/Company Name]
[Contact Person]
[Address]
[City, State, ZIP Code]

Subject: Intent to Sell Property to [Entity/Company Name]

Dear [Contact Person],

This letter serves as my formal intention to sell the property at [Property Address] to [Entity/Company Name] for [Amount]. The transaction will include the land, structures, and all fixtures as outlined in the attached property description. I will provide access to all necessary legal, financial, and environmental records to facilitate your due diligence process.

We can set an inspection period of 30 days, after which the closing will occur within 45 days. I request that all offers and correspondence be directed to my legal counsel at [Attorney’s Contact Information]. Please advise if you require additional terms or documents.

Regards,
[Your Name]
[Title, if applicable]

Sample 10: Sale Subject to Contingencies

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Buyer’s Name]
[Buyer’s Address]
[City, State, ZIP Code]

Subject: Letter of Intent to Sell Property Subject to Contingencies

Dear [Buyer’s Name],

This letter confirms my intent to sell the property at [Property Address] to you, subject to certain contingencies. The proposed sale price is [Amount], contingent on your ability to obtain satisfactory financing, a home inspection within 10 business days, and an appraisal meeting or exceeding the agreed value.

Should any contingency not be satisfied, either party may terminate the agreement with written notice. I am providing full disclosure statements and access to the property for inspection. Please review these terms and let me know if you have any questions.

Sincerely,
[Your Name]

Sample 11: Sale with Broker Representation

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Buyer’s Name]
[Buyer’s Address]
[City, State, ZIP Code]

Subject: Letter of Intent to Sell Property via Broker

Dear [Buyer’s Name],

I am formally expressing my intent to sell my property at [Property Address] and have retained [Broker’s Name] of [Brokerage Name] as my exclusive agent. The property is listed for [Amount], and all negotiations and documentation will be managed through my broker, who can be reached at [Broker’s Contact Information].

Please submit any offers or questions directly to my broker. The property will be shown by appointment, and standard real estate disclosures will be provided as required. I look forward to a smooth transaction.

Best regards,
[Your Name]

Sample 12: Sale for Estate Settlement

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Buyer’s Name]
[Buyer’s Address]
[City, State, ZIP Code]

Subject: Intent to Sell Estate Property

Dear [Buyer’s Name],

As the executor of the estate of [Decedent’s Name], I am authorized to offer the property at [Property Address] for sale at a price of [Amount]. The property will be sold in accordance with all probate requirements, and a copy of the Letters Testamentary is available upon request.

All offers are subject to court approval, and closing will occur after receiving the necessary authorizations. I will provide full disclosure statements and access for inspection. Please contact me with your intent to proceed and any specific requests.

Respectfully,
[Your Name]
[Title, if applicable]

Sample 13: Sale as Part of Divorce Settlement

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Buyer’s Name]
[Buyer’s Address]
[City, State, ZIP Code]

Subject: Letter of Intent to Sell Property as Part of Divorce Settlement

Dear [Buyer’s Name],

As part of a court-approved divorce settlement, I am offering to sell the jointly owned property at [Property Address] for [Amount]. The transaction is subject to approval by both parties and will be conducted through our respective attorneys to ensure compliance with legal agreements.

All proceeds from the sale will be divided according to the court order. Please notify me if you wish to make an offer or require further details regarding the property.

Sincerely,
[Your Name]

Sample 14: Sale of Inherited Property

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Buyer’s Name]
[Buyer’s Address]
[City, State, ZIP Code]

Subject: Intent to Sell Inherited Property

Dear [Buyer’s Name],

I am writing to notify you of my intent to sell the property at [Property Address], which I have recently inherited from [Relative’s Name]. The property is available for [Amount], and I am prepared to provide proof of inheritance and all required legal documentation.

I am seeking a buyer able to close within 60 days and am open to allowing inspections within 14 days of acceptance. Please let me know if you are interested or if additional information is needed.

Kind regards,
[Your Name]

Sample 15: Sale to a Long-term Tenant

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Tenant’s Name]
[Tenant’s Address]
[City, State, ZIP Code]

Subject: Letter of Intent to Sell Property to Tenant

Dear [Tenant’s Name],

I am pleased to offer you the first opportunity to purchase the property you currently lease at [Property Address]. The asking price is [Amount], and I am willing to apply your current security deposit toward the down payment.

I am happy to work with you on financing options or allow time for you to secure your own mortgage. If you are interested, I recommend we schedule a meeting to discuss the next steps and timeline for closing.

Thank you,
[Your Name]

Sample 16: Sale Due to Relocation

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Buyer’s Name]
[Buyer’s Address]
[City, State, ZIP Code]

Subject: Letter of Intent to Sell Property Due to Relocation

Dear [Buyer’s Name],

I am writing to notify you of my intent to sell my property at [Property Address] as I am relocating for work. The property is available for [Amount], and I am motivated to complete the sale within 30 days.

I am prepared to be flexible on the move-out date and will provide all property disclosures, maintenance records, and warranty information. Please contact me promptly if you are interested in arranging a viewing or making an offer.

Sincerely,
[Your Name]

Sample 17: Sale of Property with Joint Owners

[Your Name]
[Co-Owner’s Name]
[Your Address]
[City, State, ZIP Code]
[Date]

[Buyer’s Name]
[Buyer’s Address]
[City, State, ZIP Code]

Subject: Joint Letter of Intent to Sell Property

Dear [Buyer’s Name],

We, the joint owners of the property at [Property Address], are submitting this letter of intent to sell the property for [Amount]. We have both agreed to the sale, and all net proceeds will be distributed equally upon closing.

All necessary title documents, deeds, and property records will be made available for your review. Please let us know if you are interested in purchasing, and we will work with you and your representatives to move the transaction forward efficiently.

Respectfully,
[Your Name]
[Co-Owner’s Name]