Arizona readers Sandy and Jim, both 80, sent me this email with an offer they almost accepted: “We own 100 acres of land ideal for a solar farm and just received a letter of intent (LOI) from a San Francisco company wanting to lease it. All we do is pay taxes on it, so we were about to sign and return the document when we came across your article ‘Leases of vacant land for solar farms pose great risks to owners.’ What do you think of this LOI? Thanks.”
After reading, I handed the LOI to my paralegal, Anne, and said, “Please give me your opinion of this LOI.” She carefully went through the document. After handing it back to me, she said, “This has made not just my day, but my entire week. It is laughable. Thank goodness they found your article.”
