The Intent to Sell Letter is a crucial preliminary document in German business transactions, used when a party wishes to formally declare their intention to sell a specific asset or property. This document, while not constituting a binding sale agreement, establishes important pre-contractual obligations under German law's culpa in contrahendo principle. It typically precedes formal negotiations and due diligence processes, providing essential information about the asset, proposed terms, and conditions of the potential sale. The document must comply with German civil law requirements and business practices, particularly regarding form requirements and good faith obligations. It serves as a foundation for further negotiations and helps parties establish clear communication channels and basic understanding before proceeding with more detailed agreements.
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1. Sender Details: Full name and address of the seller/sending party
2. Recipient Details: Full name and address of the potential buyer
3. Date: Date of the letter
4. Subject Line: Clear indication that this is an Intent to Sell Letter (Verkaufsabsichtserklärung)
5. Property/Asset Description: Detailed description of the property or asset intended for sale, including relevant identification numbers or addresses
6. Declaration of Intent: Clear statement of intention to sell the specified property/asset
7. Proposed Price: Statement of the proposed selling price or price range
8. Basic Terms: Overview of fundamental terms of the proposed sale
9. Validity Period: Time period for which the intent to sell remains valid
10. Closing: Formal closing, signature block and contact information for further discussions
1. Current Property Status: Include when there are relevant details about current occupancy, tenancies, or condition that might affect the sale
2. Contingencies: Include when the intent to sell is subject to specific conditions being met
3. Timeline: Include when proposing specific timeframes for negotiations and completion
4. Confidentiality Statement: Include when the transaction or negotiations should remain confidential
5. Prior Discussions Reference: Include when the letter follows previous negotiations or discussions
1. Property Details Schedule: Detailed technical description of the property/asset, especially for complex assets
2. Photo Documentation: Visual documentation of the property/asset being offered
3. Preliminary Terms Sheet: Basic outline of proposed transaction terms, if extensive
4. Title Documentation: Proof of ownership or authority to sell, particularly for real estate
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Real Estate
Manufacturing
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Retail
Technology
Automotive
Agriculture
Hospitality
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Energy
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Relevant Teams
Legal
Real Estate
Corporate Development
Sales
Business Development
Operations
Finance
Procurement
Compliance
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Relevant Roles
Chief Executive Officer
Managing Director
Legal Counsel
Real Estate Manager
Asset Manager
Business Development Manager
Property Manager
Sales Director
Corporate Lawyer
Investment Manager
Operations Director
Chief Financial Officer
Procurement Manager
Business Owner
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