Letter of Intent for a Lease or Purchase—Review and Redline (Tenant Side)
A review and redline of a Letter of Intent for a Lease or Purchase from the tenant position, for the document that sets the business terms of a real estate deal before either side spends money on definitive documents.
You get a redline, an issues memo ranked by what it costs you, and alternative language for each problem. You receive a marked-up document plus a ranked issues memo that separates what must change from what is merely preference.
Choose the version you need
Frequently asked questions
The fee covers a full read of your existing document against what your business does and current law, a tracked-changes redline you can adopt as is, and a ranked issues memo separating what must change from what is preference. It is fixed at this scope: one property. 1 round of revisions are included. If your matter falls outside that scope we tell you before starting and quote the difference—we do not bill past a flat fee without agreeing it first.
3 to 5 business days from a complete set of instructions, plus time for the 1 round of revisions included in the fee. If you are working to a court deadline or a closing date, tell us when you order and we will confirm in writing whether we can meet it before you commit.
$725 is $325/hour × 2.25 hours—the time this deliverable takes in an ordinary acquisitions matter, at the firm's standard rate. Because it is a flat fee, the risk of the work running long sits with the firm: you pay $725 whether it takes us the estimate or twice it.
1 round of revisions is included. You can add more when you order, or later, at $325 per additional round. A round is one consolidated set of your comments and our revised draft back to you.
Third-party costs are never inside a flat fee and are passed through at cost, never marked up: court and agency filing fees, court reporter and transcript charges, expert witness fees, search vendor and e-discovery hosting charges, process server fees, and travel.
What your business does, and who its users or customers are, the systems, vendors, and data flows the document has to describe accurately, any existing version, and what prompted this one, and any regulator, platform, or contract requirement you are working to. Send what you have—if something is missing we will tell you what else we need before the turnaround clock starts.
Clients also order
Other Acquisitions work MC Law prepares on a flat fee.
Letter of Intent for a Lease or Purchase (Short Form)
A short-form Letter of Intent for a Lease or Purchase that sets the business terms of a real estate deal before either side spends money on definitive documents, written for speed without leaving the important terms out.
3 to 5 business days2 revisions
Letter of Intent for a Lease or Purchase—Review and Redline (Landlord Side)
A landlord-side markup of a Letter of Intent for a Lease or Purchase you have been handed, the agreement that sets the business terms of a real estate deal before either side spends money on definitive documents.
3 to 5 business days1 revision
Option to Purchase Real Property (Short Form)
A streamlined Option to Purchase Real Property that locks up a property for a defined period with exercise mechanics and recorded notice, focused on the terms that carry the risk.
3 to 5 business days2 revisions
Option to Purchase Real Property—Review and Redline (Buyer Side)
A buyer-side markup of an Option to Purchase Real Property you have been handed, the agreement that locks up a property for a defined period with exercise mechanics and recorded notice.
3 to 5 business days1 revision
Option to Purchase Real Property—Review and Redline (Seller Side)
A seller-side markup of an Option to Purchase Real Property you have been handed, the agreement that locks up a property for a defined period with exercise mechanics and recorded notice.
3 to 5 business days1 revision
Residential Purchase Agreement and Addenda (Short Form)
A streamlined Residential Purchase Agreement and Addenda that buys or sells a home with the contingencies, disclosures, and closing terms handled properly, focused on the terms that carry the risk.
3 to 5 business days2 revisions