Real Estate Joint Venture Letter of Intent

To,

Larry King

Business development Head

High Rise Constructions Limited

65 Tang Charles Road

Holly Wood, Los Angeles 5678

Dated: 8th of May 2012

Subject: Letter of intent to start joint venture real estate business

 

Respected Mr. King,

This letter is to express our interest in entering into a joint venture with your organization to start a real estate business. I believe that this joint venture would be beneficial for both the organizations.

We have been in the real estate business since last five years and have earned a good name for ourselves in the market. Your organization has constructed numerous well known architectural structures in different parts of the country. You have an excellent team of architects and designers where as we have an excellent marketing team. If we enter into a joint venture we both would excel in the real estate business. As per the joint venture both the parties will have to invest an equal amount of capital. The profit and the losses would also be shared equally. You would look after the designing and construction of the properties where as we would look into the marketing process.

I am herewith enclosing a document providing details of our company. Please let us know if you need any other information. Looking forward to your reply.

Regards,

Tom Haynes

Business Head

On Site Realty

Posted in Letter of Intent