Form II-8, Offer Letter
[Print on community letterhead]
Page 1 of 5
[Date]
[Property Owner(s)]
[Address]
[City, State, Zip Code]
Dear [Property Owner(s)]:
[Community] would like to enter into negotiations with you for the purchase of your property
located at [address of property] as part of [community’s] property acquisition project. If you
choose to sell your property, title to your property will be transferred to [community].
[Community] will purchase your property only if you voluntarily agree to the purchase.
[Authorized negotiator] has been authorized to represent [community] in negotiations.
[He/She] also will ensure you understand your rights and options under this acquisition
program.
Please review the enclosed Statement of Determination of Fair Compensation, which
estimates the fair market value of your property in accordance with established policies and
procedures, and Offer to Sell Real Property, which is a legal offer from you to [community] to
sell your property. The following options are available to you:
1. Make an offer to sell your real property for the amount stated in the Statement of
Determination of Fair Compensation. If you choose to sell your property for the
amount stated in the Statement of Determination of Fair Compensation, sign and
return the enclosed copies of the Offer to Sell Real Property as soon as possible, but
no later than [date] using the enclosed self-addressed, stamped envelope. Once all
copies have been executed, an executed copy will be returned to you. Then, upon
completion of a title examination, we will proceed with closing.
2. Reject this invitation to make an Offer to Sell Real Property. If you choose to reject
this invitation and terminate negotiations, please notify [authorized negotiator] of your
decision in writing as soon as possible, but no later than [date]. At which time,
[community] will not pursue acquisition of your property any further for the purpose of
this property acquisition project.
3. Contest the amount stated in the Statement of Determination of Fair Compensation.
If you disagree with the amount stated in the Statement of Determination of Fair
Compensation, but want to continue negotiations, you may retain, at your own
expense, a qualified appraiser acceptable to [community] to perform a second
appraisal. If you choose to have a second appraisal conducted, please—