Exclusivity Period
A window of time, often 30 to 90 days, after signing an LOI where you agree not to negotiate with other buyers. It gives the chosen buyer room to complete due diligence without competition pulling you away.
A window of time, often 30 to 90 days, after signing an LOI where you agree not to negotiate with other buyers. It gives the chosen buyer room to complete due diligence without competition pulling you away.