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Form 12-2: Letter of Intent to Create and Sell 1.5 Acre "Office" Site for Service Tenant Building and Parking behind Retail Core of Shopping Center


Development Approvals and Construction to Occur Concurrent with Shopping Center


(8 pages)


Form addresses:

  • Site configuration; building location.

  • Price.

  • Development coordination and pre-construction costs; cost sharing.

  • Reciprocal easement agreement (alternative provisions).

  • Purchase agreement.

  • Financial adjustments for extended closing (alternative structures).

  • Closing costs.

  • Title insurance and closing costs.

  • Financing.

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