Legal Documents Letter Of Intent Template. A letter of intent is a written agreement between two parties describing the terms of a potential transaction. It is recommended to include a clause stating whether the document is binding or non-binding to avoid legal issues.
Letter of intent is a document drawn up to close mammoth business deals that rest on the consensus of two participating individuals. A Letter of Intent is NOT binding on either party and is only an expression of an intent to continue negotiations in good faith. It is recommended to include a clause stating whether the document is binding or non-binding to avoid legal issues.
Download this free form template of a Letter of Intent for an Asset Purchase Agreement and schedule a free consultation with a vetted attorney to customize it for you.
Use our Letter of Intent to declare your intention to purchase a good or service.
Open the first page of your downloaded Letter of Intent Template. Either way, this guide will show you: A letter of intent template you can adapt to fit your job. The LOI is typically drafted and signed before the finalization of a definitive legal agreement and can be legally binding or non-binding depending on.