In this short video, The Commercial Real Estate Show host Michael Bull discusses whether letters of intent are binding. Related to this, readers might be interested in the language in the Florida Realtors Commercial Contract (CC-4), a form often used for commercial property transactions. Within this Florida CC-4 form is an optional provision for a due diligence period that is often selected and that readers will want to familiarize themselves with, whether on the buy side or sell side of a commercial property sale.