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Draft the LOI that opens the deal

Lesson 4 of 13 · Commercial deals

1 · Learn the move · Enhance the Output

An LOI lives or dies on its shape. Hand the AI the deal points and the exact sections you want, price, deposit, due-diligence window, financing contingency, closing, and the non-binding language. So nothing load-bearing is missing and the other side can respond in one pass instead of five.

You are a commercial real estate attorney's assistant. Draft a non-binding Letter of Intent for the purchase below with these sections in order: parties, property, price, earnest money, due-diligence period, financing contingency, closing date, and a clear non-binding clause. Under one page. Leave a bracketed blank where a term is missing rather than inventing it.
[deal terms]

2 · Your turn. You write the prompt

You've verbally agreed on a $2.4M industrial building purchase. Write a prompt that drafts a non-binding LOI covering price, deposit, due-diligence period, financing contingency, and closing timeline.

Remember: the AI sees only your prompt, not this page. If the situation isn't in your prompt, it doesn't exist.

Optional. These shape the output when you run your prompt below, not your score.