Whats the purpose of the Non-Binding Letter of Interest?
It is simply meant to identify the lot/unit you are interested in and the purchase price you propose to offer, subject to our negotiating a Purchase Sale Agreement. It is neither a commitment for you to buy, or for us to sell, any property. Q: What happens then? In the order Letters of Interest are received from all interested parties, we will contact everyone on a first come, first served basis to make an effort to conclude a mutually agreeable Sale Purchase Agreement as soon as final subdivision is granted. Q: What if I’m not the first one to register my interest in a specific property? You will have a choice. If you wish to enter into a back-up Purchase Sale Agreement you will have that opportunity. You will also have the option of withdrawing you Letter of Interest, by providing us a written notification. If you do not send us a withdrawal letter, then your withdrawal will be deemed automatic within 48 hours of the first of either a) your first indicating verbally to us that you de
