The Letter of Intent For Purchase Of Commercial Property is a crucial preliminary document used in Hong Kong's commercial real estate market when a potential buyer wishes to formally express their interest in purchasing a commercial property and document the basic terms of the proposed transaction. This document is typically used after initial negotiations but before the formal due diligence process and detailed contract negotiations begin. It outlines key commercial terms including property details, proposed purchase price, payment structure, exclusivity period, and conditions precedent. While predominantly non-binding, it may contain certain binding provisions such as confidentiality and exclusivity clauses. The document must comply with Hong Kong's property and contract laws, particularly the Conveyancing and Property Ordinance (Cap. 219) and related regulations. It serves as a important stepping stone towards the formal Sale and Purchase Agreement and helps parties align their expectations and commitments early in the transaction process.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Date and Parties: Identification of sender and recipient with full legal names, addresses, and company details
2. Property Details: Clear identification of the target property including address, lot number, and registered details
3. Purchase Price: Proposed purchase price and any price adjustment mechanisms
4. Payment Terms: Structure of payments including deposits, installments, and completion payment
5. Due Diligence: Timeframe and scope of due diligence investigations
6. Exclusivity Period: Duration during which seller cannot negotiate with other parties
7. Conditions Precedent: Key conditions that must be satisfied before proceeding to formal agreement
8. Timeline: Expected dates for key milestones including due diligence completion and formal agreement signing
9. Confidentiality: Obligations regarding confidential information exchange
10. Binding/Non-binding Elements: Clear statement of which provisions are legally binding
11. Execution Block: Signature spaces for all parties
1. Broker/Agent Details: Include when property agents are involved in the transaction
2. Special Conditions: Any unique requirements or conditions specific to the property or transaction
3. Existing Tenancies: Details of current tenants and lease arrangements if property is tenanted
4. Property Management: Include when there are specific management arrangements to be maintained
5. Development Potential: Include when the property has redevelopment or renovation potential that affects pricing
6. Third Party Consents: When government or other third-party approvals are required
7. Environmental Concerns: Include when there are known environmental issues or requirements
8. Break Fee: Include when parties agree to compensation if deal doesn't proceed
1. Property Details Schedule: Detailed property specifications, boundaries, and included fixtures/fittings
2. Financial Terms Schedule: Detailed breakdown of purchase price, payment structure, and financial conditions
3. Due Diligence Checklist: List of required documents and investigations
4. Current Tenancy Schedule: Details of existing leases and rental income if applicable
5. Property Photos and Plans: Visual documentation of the property and floor plans
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Commercial Property
Retail
Hospitality
Office Space
Industrial
Logistics
Healthcare
Education
Financial Services
Professional Services
Technology
Relevant Teams
Legal
Real Estate
Finance
Corporate Development
Operations
Risk Management
Facilities Management
Business Development
Investment
Compliance
Property Management
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Real Estate Director
Property Investment Manager
Corporate Lawyer
Legal Counsel
Property Development Manager
Facilities Manager
Business Development Director
Operations Director
Investment Analyst
Risk Manager
Company Secretary
Commercial Director
Asset Manager
Find the exact document you need
Personal Lending Agreement
A Hong Kong law-governed agreement establishing terms and conditions for a personal loan between a lender and borrower, compliant with local lending regulations.
find out more
LOI Business
A Hong Kong-governed Business Letter of Intent outlining preliminary terms and understanding between parties for a proposed business transaction or relationship.
find out more
Letter Of Intent To Buy (Real Estate)
A preliminary document under Hong Kong law expressing a buyer's intention to purchase specific real estate and outlining proposed terms and conditions.
find out more
Letter Of Intent For Supplier Accreditation
A formal document under Hong Kong law expressing intent to evaluate and potentially accredit a supplier, outlining the accreditation process and preliminary terms.
find out more
Letter Of Intent For Job Position Within The Same Company
A Hong Kong-compliant preliminary document outlining the terms and conditions of an intended internal job position change within an organization.
find out more
Letter Of Intent For Internal Job Application
A formal letter under Hong Kong law expressing an employee's interest in applying for another position within their current organization.
find out more
Letter Of Intent For A Position
A preliminary document under Hong Kong law expressing intent to offer employment, outlining key terms and conditions while maintaining a non-binding status.
find out more
Letter Of Intent For A Master's Program
A formal letter under Hong Kong jurisdiction expressing intent to pursue a specific master's program, outlining academic qualifications and research interests.
find out more
Joint Venture Letter
A preliminary document under Hong Kong law outlining key terms and intentions between parties planning to form a joint venture, serving as a framework for detailed negotiations.
find out more
Intent Letter For Enrollment
A Hong Kong-governed preliminary document expressing a prospective student's intention to enroll in an educational program, outlining basic terms and program details.
find out more
Easy Performance Review
A Hong Kong-compliant performance review template providing standardized evaluation procedures and documentation guidelines for employee assessments.
find out more
Loi In (Construction)
A Hong Kong construction Letter of Intent authorizing early works before main contract execution, compliant with Hong Kong law and construction regulations.
find out more
Letter Of Intent Offer Letter
A Hong Kong-governed preliminary document outlining proposed terms and conditions for business transactions, serving as a framework for future negotiations.
find out more
Letter Of Intent To Quit
A formal resignation letter compliant with Hong Kong employment law, serving as official notice of an employee's intention to terminate their employment contract.
find out more
Letter Of Intent (Real Estate)
A preliminary document under Hong Kong law outlining key terms and conditions for a proposed real estate transaction, serving as a framework for property purchase or lease negotiations.
find out more
Letter Of Intent Educational Assistance
A non-binding document under Hong Kong law that outlines intended terms for providing educational assistance, serving as a precursor to a formal agreement.
find out more
Letter Of Intent To Join
A Hong Kong-governed preliminary document outlining an employer's intent to hire and proposed key employment terms.
find out more
Letter Of Intent To Purchase (Real Estate)
A preliminary document used in Hong Kong real estate transactions expressing a buyer's interest to purchase property and outlining basic transaction terms.
find out more
Letter Of Intent To Purchase Commercial (Real Estate)
A preliminary document under Hong Kong law expressing intent to purchase commercial property, outlining key terms and conditions for the proposed transaction.
find out more
Letter Of Intent For Staying In A Job
A Hong Kong-compliant formal letter expressing an employer's intention to retain an employee and outlining continued employment terms and conditions.
find out more
Letter Of Intent For Nurse Position
A preliminary document used in Hong Kong healthcare settings to outline intended employment terms and conditions for nursing positions, serving as a precursor to formal employment contracts.
find out more
Letter Of Intent For Bank Loan
A preliminary document issued by a Hong Kong bank outlining proposed terms and conditions for a potential loan facility, serving as a bridge between loan application and final agreement.
find out more
Letter Of Intent (Finance)
A preliminary document under Hong Kong law outlining the key terms and conditions of a proposed financial transaction, establishing the framework for negotiation.
find out more
Letter Of Intent Commercial (Real Estate)
A preliminary agreement for commercial real estate transactions under Hong Kong law, outlining key terms and conditions while establishing certain binding obligations.
find out more
Intent Letter For Renting A Space
A preliminary document used in Hong Kong real estate transactions outlining the basic terms and conditions for a proposed property lease arrangement.
find out more
Commercial Lease Guaranty
A Hong Kong law-governed guarantee agreement where a third party guarantees a tenant's obligations under a commercial lease to the landlord.
find out more
Letter Of Intent To Join An Organization
A Hong Kong law-governed formal letter expressing intent to join an organization, serving as a preliminary step before final agreements.
find out more
Letter Of Intent For Business Franchise
A preliminary document under Hong Kong law outlining proposed terms and conditions for a potential franchise relationship, serving as a foundation for future franchise agreement negotiations.
find out more
Letter For Grandparents To Travel With Grandchildren
A Hong Kong-compliant authorization letter allowing grandparents to travel with grandchildren, including temporary guardianship rights and travel details.
find out more
Letter Of Intent Business Cooperation
A preliminary document under Hong Kong law outlining intended business cooperation between parties, setting framework for future collaboration while maintaining primarily non-binding status.
find out more
Letter Of Intent To Participate In Project
A Hong Kong-governed preliminary document expressing formal interest in project participation, outlining key terms while maintaining selective binding provisions under Hong Kong law.
find out more
Letter Of Intent Formal
A preliminary agreement document under Hong Kong law that outlines proposed transaction terms and establishes framework for future negotiations.
find out more
Land Lease Agreement Form
A Hong Kong-governed agreement establishing terms and conditions for leasing land or property, aligned with local property laws and regulations.
find out more
Letter Of Intent For Contract Renewal
A Hong Kong-compliant formal document expressing intention to renew an existing contract, outlining key terms and renewal conditions.
find out more
Letter Of Intent To Continue Working
A formal letter under Hong Kong employment law where an employee confirms their intention to continue working with their current employer.
find out more
Candidate Confidentiality Agreement
A Hong Kong law-governed agreement protecting company confidential information shared with job candidates during recruitment processes.
find out more
Letter Of Interest For Tender Participation
A formal document used in Hong Kong to express intention to participate in a tender process, including company qualifications and compliance statements.
find out more
Letter Of Interest (Real Estate)
A preliminary document used in Hong Kong real estate transactions to express formal interest in purchasing or leasing property, outlining basic proposed terms under Hong Kong law.
find out more
Subcontractor Invoice
A Hong Kong-compliant invoice template for subcontractors to bill services and materials to main contractors or project owners, meeting local business and tax requirements.
find out more
Letter Of Interest
A formal document under Hong Kong law expressing preliminary interest in a business transaction or partnership, setting the stage for detailed negotiations.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)