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Deal-Making · Broker Checklist

Commercial Letter of Intent (LOI) Checklist

The LOI sets the gravity of the whole deal. Terms you skip here get fought over later — or lost. This checklist covers what belongs in a commercial real estate letter of intent, from the obvious (price, deposit, closing date) to the protective terms beginners leave out (DD period length, extension rights, access, and how earnest money goes hard).

22 checkpoints~12 minUpdated June 24, 2026

Pro Tip

Negotiate the DD period and the "go hard" date as hard as you negotiate price. The right to walk and recover your deposit is worth more than a fractional discount.

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1. Parties & Property

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2. Price & Economic Terms

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3. Diligence & Contingencies

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4. Timeline

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5. Protective & Boilerplate Terms

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Go deeper — free course

This resource is distilled from the MaxLife Academy CRE curriculum. The full lesson walks through every point with examples and the reasoning behind it.

Course 12 — CRE Negotiations: Drafting the LOI

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