Form 12-1: Letter of Intent to Sell Proposed Outparcel to Fast-Food Chain for Chain’s Construction of Free-Standing Fast-Food Restaurant and Drive-Through
This proposal includes a detailed financial structure and clear demarcation of how all on- and off-site costs are allocated between the developer seller and the purchaser.
(9 pages)
$25
Form addresses:
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Parcel description.
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Building description.
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Use.
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Purchase price.
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Parcel improvements (alternative structures re on- and off-site costs).
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Governmental development fees.
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Building fees and permits.
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Purchase agreement and closing.
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Financial adjustments for extended closing (alternative structures).
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Title insurance and closing costs.
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Signage and elevations.
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Taxes and common area expense.
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Financing.
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Exhibits "A" through "G".