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A Letter Of Intent To Purchase Property is a crucial preliminary document used in Swiss real estate transactions to establish the framework for property acquisition negotiations. It serves as a roadmap for the transaction, outlining key terms including property details, proposed purchase price, timeline, and conditions while maintaining a generally non-binding nature. This document is particularly important in the Swiss context due to the country's strict real estate regulations, including cantonal requirements and the Lex Koller restrictions for foreign buyers. It's typically used before proceeding with the formal purchase agreement to ensure all parties have a clear understanding of the proposed transaction terms and to facilitate the due diligence process. The document helps manage expectations and reduce misunderstandings while providing a structured approach to complex property transactions in Switzerland's sophisticated real estate market.

1. Header and Date: Formal letter heading including date and parties' addresses

2. Subject Line: Clear identification of the document as a Letter of Intent for Property Purchase

3. Introduction of Parties: Full legal names and addresses of both the potential buyer and seller

4. Property Description: Detailed description of the property including address, land registry details, and key characteristics

5. Purchase Price: Proposed purchase price and any relevant payment terms or conditions

6. Timeline: Proposed timeline for due diligence, negotiations, and completion of the transaction

7. Due Diligence: Overview of the intended due diligence process and requirements

8. Non-Binding Nature: Clear statement that the LOI is non-binding except for specific provisions

9. Exclusivity Period: Period during which the seller agrees not to negotiate with other parties

10. Confidentiality: Agreement to keep negotiations and information confidential

11. Closing: Signature blocks and formal closing of the letter