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[Buyer`s name] (“Buyer”) proposes to acquire the property (as defined below) under the following conditions, subject to the execution of a final sale and sale contract acceptable to both parties (“sales contract”) in the [period] from the date of execution of this letter (“Letter of Intent” (this transitional period, the “negotiation period”): the Memorandum of Understanding or Memorandum of Understanding may provide for provisions. A filing date is an important clause; this is a time when the parties agree to end the negotiations if they have not reached an agreement. 3. Quality. The property (“property”) is under [insert address and all other identifying information] and, in particular, described, attached and participates in Schedule A. With the property, the buyer also acquired all the rights, titles and interests of the seller and [insert additional elements of the purchase] [including, to the extent that they are transferable, all rights to the use of the land, administrative authorizations and allowances, as well as other authorizations from the government and the Agency with respect to the property]. In addition, this offer contains the following specific elements regarding the property: [List of all additional items included in the purchase.] A Memorandum of Understanding (MOU or MoU) is an agreement between two or more parties, which is described in a formal document. It is not legally binding, but it indicates that the parties are ready to move forward with a treaty. Both documents probably identify all the terms that must be dissolved before the financial statements close. As a general rule, the document also discusses the timing and timing of the transaction, price and payment method. Other items that may be included in the MEMORANDUM of Understanding or Memorandum of Understanding are the security guarantees for tradable securities, the list of total liabilities and total assets, and the operating status of all equipment and machinery at the time of purchase. A Memorandum of Understanding (PROTOCOLE OF ACCORD, MOU) is an agreement between two or more parties that sets out the terms and terms of an agreement, including the requirements and responsibilities of each party.

This is often the first step in the formation of a formal contract and does not involve the exchange of money. Please sign the attached copy of this Memorandum of Understanding and send it back to the confirmation date of the status of our negotiations. We will then start drafting the sales contract. While not a legally enforceable document, the agreement is an important step because of the time and cost of negotiating and developing an effective document. To reach an agreement, the participating parties must reach mutual understanding. Each party learns what is most important to the others before moving forward. A lawyer can help discuss the extent of the non-request to be included in the MOU. There are a wide range of options, ranging from a simple requirement to notify competing bids to stricter bans on opening alternative negotiations. In addition, a lawyer can help you decide whether to include a right of compliance with any offer received during the negotiation phase. 13. Formal sales contract. After the seller accepts the letter of intent, the purchaser establishes a sales contract that contains the terms of this letter of intent and contains the usual agreements, insurance, guarantees, allowances and other provisions that are normally included in these agreements and are submitted to the seller for verification.