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A Letter of Intent to Sell House is commonly used in Hong Kong's property market as an initial step in the property sale process. This document is typically prepared when a property owner has identified a potential buyer and wishes to formally communicate their intention to sell, along with the basic terms of the proposed transaction. While generally non-binding, it serves as an important precursor to the formal Sale and Purchase Agreement. The letter should comply with Hong Kong property law requirements and typically includes essential information such as property details, proposed price, payment terms, and timeline. It's particularly useful in complex property transactions or when dealing with corporate buyers, as it helps establish clear communication and understanding between parties before proceeding with the formal legal documentation.

1. Date: Current date of the letter

2. Recipient Details: Full name and address of the intended recipient (potential buyer/seller)

3. Subject Line: Clear indication that this is a Letter of Intent to Sell [Property Address]

4. Introduction: Brief introduction identifying the parties and purpose of the letter

5. Property Details: Specific details of the property including full address and property identification number

6. Purchase Price: Proposed purchase price and any initial price negotiations

7. Payment Terms: Basic outline of proposed payment structure and timing

8. Timeline: Proposed timeline for the transaction including expected completion date

9. Due Diligence: Statement regarding the buyer's right to conduct due diligence

10. Non-Binding Statement: Clear statement that this is a non-binding letter of intent unless specifically stated otherwise

11. Closing: Standard letter closing with signature blocks for all parties