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Document Id : 6451
File Type : Microsoft Word
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New Zealand Letter of Intent to Purchase Fixture
Clarify the terms of a purchase and sale of a fixture between a buyer and a seller with this easy-to-use New Zealand Letter of Intent to Purchase Fixture.
- The Letter of Intent outlines the discussions between the parties prior to signing a written contract for the sale of a fixture, outbuilding or other fixed immovable property which is NOT part of the real estate, even though it is permanently fixed to the underlying property.
- The Letter of Intent itself is not a legally binding contract, but rather it is a confirmation of both parties' intentions to complete the transaction.
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