V. Deposit: With the signing of this Letter of Intent, the Parties agree that: (check one)
☐ - Deposit is Required: The Buyer shall remit to the Seller, together with this
Letter of Intent, payment in the amount of ______________________ Dollars
($______________________) (“Deposit”). The Deposit shall be accepted by the
Seller as: (check one)
☐ Refundable under the following terms: __________________________
_________________________________________________________________.
☐ Non-Refundable.
☐ - Deposit is NOT Required: The Buyer shall not be required to make
payment at the time of signing this Letter of Intent.
VI. Financing: The Buyer has made it known that: (check one)
☐ - Conditional Upon Financing: This Letter of Intent is conditional on the
Buyer’s ability to obtain financing. Financing shall be under the following terms:
_______________________________________________________________________.
☐ - NOT Conditional Upon Financing: This Letter of Intent is not conditional on
the Buyer’s ability to obtain financing.
VII. Currency: All mentions of money or the usage of the "$" icon shall be known as
referring to the US Dollar.
VIII. Governing Law: This Letter of Intent shall be governed under the laws by the
State of ___________________.
SELLER
Seller’s Signature ______________________ Date ______________________
Print Name ______________________
BUYER
Buyer’s Signature ______________________ Date ______________________
Print Name ______________________