Irrevocable purchase proposal vs LOI (letter of intent) in the real estate market: differences, effects and risks
Legal differences, binding effects, and concrete risks for the parties In the Italian real estate market, the phase preceding the preliminary contract is often governed by atypical or “practice” negotiation instruments, which, however, assume a far from secondary legal importance.Among these, the irrevocable purchase proposal and the LOI – letter of intent (or expression of...

