Letters of Intent

By | July 16, 2011

A letter of intent is document summarizing an agreement between two or more parties before the deal is finalized. Letters of intent are like Memoranda of Understanding. A letter of intent may refer to Asset Purchase Agreements, Share Purchase Agreements, Joint Venture Agreements and or any other deal which aim relates to a large financial deal.

A letter of intent are similar to written contracts, but they are usually not legally binding on the parties. They may, however, contain provisions that are binding, like non-disclosure agreements, or a “no-shop” provision promising exclusive rights to negotiate. This letter is formed in good faith and in spite of not being legally binding, is usually followed by both parties as it outlines the basic points of a contract.

A letter of intent is written in order to:

  • Clarify the key points of a transaction for the convenience of the parties
  • Officially declare that the parties are negotiating
  • Provide safeguards in case a deal collapses

Sample Letter of Intent

Letter of Intent for a Job

Letter of Intent Form

Letter of Intent Format

How to Write a Letter of Intent

Letter of Intent for a Purchase

Letter of Intent for Lease

Business Letter of Intent

College Letter of Intent

Sample Letter of Intent for Employment

Sample Letter of Intent Job Application

Letter of Intent to Hire

Letter of Intent to use

Teacher letter of Intent

Sample Letter of Intent College

Non-Binding Letter of Intent

Letter Of Intent for Graduate School

Letter Of Intent For Construction

Letter of Intent For Scholarship

Letter of Intent for Grants

Letter OF Intent For Franchise

Letter Of Intent For Services

Letter Of Intent For Training

Letter of Intent for Resume

Letter Of Intent for Secretary Position

Letter Of Intent for Senior Project Manager

Sample Business Letter Of Intent

Contract Letter Of Intent

Letter Of Intent Law

Letter Of Intent Example

Intent Commercial Letter