Letter of intent when buying a house - Legal advice
Questioner
I need a letter of intent to purchase my house. Now my boss is afraid that it is legally binding and that I can therefore demand a permanent contract later. Is this so?Lawyer
No, various court rulings have determined that you cannot derive any rights from a letter of intent regarding a contract for a fixed or indefinite period. The reasoning behind this is that it is issued for another purpose. Your employer therefore runs no risk when issuing it.Take the next step
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