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Learn This Earlier than You Signal a Letter of Intent



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Arizona readers Sandy and Jim, each 80, despatched me this e-mail with a suggestion they nearly accepted: “We personal 100 acres of land ultimate for a photo voltaic farm and simply obtained a letter of intent (LOI) from a San Francisco firm eager to lease it. All we do is pay taxes on it, so we had been about to signal and return the doc after we got here throughout your article ‘Leases of vacant land for solar farms pose great risks to owners.’ What do you consider this LOI? Thanks.”

After studying, I handed the LOI to my paralegal, Anne, and mentioned, “Please give me your opinion of this LOI.” She rigorously went by way of the doc. After handing it again to me, she mentioned, “This has made not simply my day, however my total week. It’s laughable. Thank goodness they discovered your article.”