Letter of Intent Form

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$19.99
$19.99
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This is a letter of intent form between two parties for a potential business transaction, drafted to be intentionally short to reduce the likelihood that the parties could be bound by it.  The longer and more detailed an LOI, the greater the chance it's a binding contract.  Word 2010, fully editable.
Summary;  This is a letter of intent form between two parties for a potential business transaction, drafted to be intentionally short to reduce the likelihood that the parties could be bound by it.  The longer and more detailed an LOI, the greater the chance it's a binding contract.  Word 2010, fully editable.

Description:

This legal forms includes language to address the following:
  • Summary of potential transaction.
  • Non-binding until execution of final agreements are executed.
  • Defined exclusive negotiation period.
  • Neither party liable if final agreements not executed.
  • Warranty that neither breaching the rights of any third party during negotiations.
  • Choice of state law and where disputes will be litigated.