Informal Purchase Agreement

[Buyer`s Name] (“Buyer”) proposes to acquire the Property (as defined below) in accordance with the following conditions, subject to the performance of a final and mutually acceptable contract of sale and sale (“Sales Contract”) within [period] following the date of performance of this letter (“Statement of Intent”) (this transition period, the “Negotiation Period”): 1. the parties identified to the Transaction – the Seller and the Buyer. The deposit is a certain amount of money that a buyer gives to a seller as collateral that he will make during the transaction. If the buyer chooses to buy, the acomphement will go towards the purchase price. .