Letter Of Intent


Definition of "Letter of intent"

Chandra Manzueta
Chandra Manzueta Keller Williams Atlanta Partners

Document between two or more parties indicating a need to take or not take a previous action taking place. For example, a bank may commit to make a loan dependent on a satisfactory credit rating for the borrower.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ