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OverviewThis final paper is designed to establish not only a sound understanding of real estate contracts but also engage you in by incorporating the bible in an appropriate context. Using the scripture references below as a means of establishing cultural norms, create a template for a letter of intent (LOI) that would be used during biblical times.InstructionsYour LOI should include the following components:· Representation and Warranties· Parties· Property· Consideration· Interim Activities· Title· Due Diligence· Contingencies· Security Deposits· Default· IndemnityMake sure that in addition to addressing each component of the LOI, make sure you provide a definition for each component as well.Bible Reference Books and Chapters· Genesis 23· Genesis 47· Leviticus 25· Ruth 4· Jeremiah 32Your final paper should be at least 5 pages, double-spaced Times New Roman, 12-point font written in APA format covering all the components of an LOI listed above while incorporating biblical practices as noted in the Bible reference section.
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