If you want REAL asset protection, talk to a lawyer.

How long is normally her Protected Period?

The amendment was written for my protection, in case I didn't like where the results of any boundary change ended up, so I could back out if needed.  

I though about contacting the owner directly, but I am trying to build good relationship with real estate agents, lenders and contractors, so I think I need to protect my integrity ( am I right?)

I got Rem Relief from bankruptcy court and waiting for a trial date in state court.They are anxious to settle now and the offer they have is to vacate the property and leave if I withdraw the case from state court.Questions:Is there any legal protection for the damages to the property?

I work in the oilfield which is suffering terribly at the moment.

Make sure whomever you're hiring follows proper safety practices, has a safety plan, proper tools, PPE (personal protection equipment), etc......especially on a demo job.  

To protect options, look at performance mortgages, pm me.

LOI is just a handshake agreement it's not legally bindingThen next have a feasibility period or more specific contingencies (financing, inspection, etc) to do the rest of your due diligence on the property to protect you as you move forward

They purchased the house and I just wired the funds directly to the escrow account, and the house is now theirs free and clear.We agreed that we would place a lien on the property so I'll get paid back first and so I'm legally protected.