Document background
The Letter of Intent for Demolition is a crucial preliminary document used in the Nigerian construction and property development sector when parties wish to formally express their intention to proceed with a demolition project while maintaining flexibility for negotiations. This document typically precedes the formal demolition contract and outlines key aspects such as project scope, timeline, and preliminary financial terms. It's particularly important in Nigeria where demolition projects must comply with various regulatory requirements, including environmental protection laws and local building regulations. The letter helps parties establish clear communication and understanding while allowing time for due diligence, permit applications, and detailed contract negotiations. While non-binding in nature, it demonstrates serious commitment and often helps secure preliminary approvals or financing.
