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Legal Forms By Country
Letter of Intent Forms
Need to write a letter of intent but don't know where to start? Let us help with these editable template Letter of Intent Forms.
What is a letter of intent?
A letter of intent is also sometimes called a letter of intention or memorandum of understanding, and acknowledges the willingness and ability of the parties to do business together. Letters of intent are intended to ensure that all parties have the same understanding and agree upon the terms and conditions of a proposed contractual relationship, prior to signing a legally binding agreement.Is a letter of intent a legally enforceable contract?
A letter of intent is, in and of itself, not a contract and generally cannot be enforced as such, but rather it is a document which constitutes an understanding between the parties and states the serious intent of the parties to carry out certain business activities. However, case law has recognized a number of situations where the parties to a letter of intent were treated as having respective rights and obligations. To be certain, it is best to seek legal advice before issuing a letter of intent.Why bother with a letter of intent? Why not just draw up an agreement if the parties have already negotiated the terms?
There are a number of circumstances in which a letter of intent is advisable. For instance, a buyer who intends to purchase goods, supplies or property may want to ensure that the items he intends to purchase are reserved and remain available for purchase until the sale contract is completed. A property owner may want to issue a letter of intent for a construction contract in order to encourage the contractor to get things rolling before the formal contract is signed, in order to minimize delay in commencement of the work. Most importantly, a letter of intent indicates that each of the parties is committed to completing the deal.BUY LETTER OF INTENT FORMS SPECIFIC TO YOUR COUNTRY
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Letter of Intent for Exclusive Distributorship
Manufacturers and suppliers, negotiate contracts with distributors to sell your products with this Letter of Intent for Exclusive Distributorship. The distributor will have the exclusive right to distribute the products within its territory, and a right of first refusal on additional territories. ...Price: $9.99
View PreviewLetter of Intent for Exclusive Supply and Development Agreement
Work out the terms of an exclusive supply and development agreement with this Letter of Intent template. Parties. The parties to the proposed agreement are (ii) a supplier with a product which has potential commercial application and (ii) a developer which will develop, test, produce and distribute...Price: $14.99
View PreviewLetter of Intent for Manufacturing Joint Venture
Negotiate the terms to set up a joint venture for a manufacturing facility in this Letter of Intent template. Parties. The parties in the joint venture are (i) the developer of certain products and technology, and (ii) a manufacturer with an existing plant which will be redeveloped and retrofitted ...Price: $24.99
View PreviewLetter of Intent for Research Funding and Product Development
Write a Letter of Intent for research funding, development and commercialization of products, with this easy-to-use template. The Letter of Intent outlines the discussions regarding a proposed relationship between a research institution and a company which wishes to fund a particular field of res...Price: $14.99
View PreviewLetter of Intent to Donate Conservation Easement to Land Trust
Set out your intention to donate a conservation easement to a land trust with this Letter of Intent template. The parties will negotiate the terms of a Conservation Easement Donation Agreement based on the discussions outlined in the LOI. The donor is the registered owner of the land, and will ...Price: $14.99
View PreviewLetter of Intent to Donate Land with Fee Simple Interest
Do you plan to donate land to a Land Trust? Put your intentions in writing with this Letter of Intent to Donate Land with Fee Simple Interest. Title to the land will be donated pursuant to the terms of a land donation agreement to be negotiated between you as the donor and the land trust as recip...Price: $9.99
View PreviewLetter of Intent to Edit Manuscript
Editors, before you sign a formal agreement to edit a manuscript for an author, negotiate the final terms in this Letter of Intent to Edit Manuscript. The author will retain all copyright and other rights associated with the manuscript, including intellectual property, publication and marketing rig...Price: $14.99
View PreviewLetter of Intent to Form Joint Venture
Set out the terms on which a joint venture enterprise will be established in this generic Letter of Intent to Form Joint Venture. The Letter of Intent summarizes the discussions between the parties with respect to the general structure of the venture corporation and the rights and obligations of ...Price: $9.99
View PreviewLetter of Intent to Incoming Associate
Prepare a Letter of Intent for an incoming associate to a law firm, medical clinic or other professional association with this ready-made template. The Letter of Intent summarizes the practice support and services that the firm will agree to provide to the associate, including: marketing assistan...Price: $9.99
View PreviewLetter of Intent to Lease Commercial Space
Negotiate the lease for a business premises with this generic Letter of Intent to Lease Commercial Space. The Letter of Intent (LOI) signals the parties' intention to proceed with the transaction, in order to allow certain work (such as tenant improvements) to get underway before the formal lease i...Price: $14.99
View PreviewLetter of Intent to License Technology for Development
Negotiate the terms of licensing certain technology for research and development purposes with this Letter of Intent. The licensor will sponsor research to further the development of the technology, and may offer consulting positions to some of the licensee's research and development personnel to f...Price: $14.99
View PreviewLetter of Intent to Purchase Assets of Business
Are you planning to purchase the assets of a business? Set down the terms of your offer in writing with this Letter of Intent template. The letter of intent is not a legal contract and is not legally binding, except as it relates to the negotiations between the parties, such as confidentiality p...Price: $24.99
View PreviewLetter of Intent to Purchase Real Estate
Negotiate the terms of a real estate purchase with this Letter of Intent to Purchase Real Estate. The buyer issues the Letter of Intent to signal its intention to complete the deal and to entice the seller to keep the property off the open market during their negotiations. The purchase of the prop...Price: $9.99
View PreviewLetter of Intent to Resign or Retire
Are you considering resigning or retiring from your position? Write up a Letter of Intent to Resign or Retire with this easy-to-use template. The writer states his or her intention to resign their current position and to retire from active service. The letter includes an acceptance form to be s...Price: $4.99
View PreviewPurchase Order / Irrevocable Letter of Intent to Purchase Commodities
Make sure your suppliers fill your commodity orders by providing them with a Purchase Order ⁄ Irrevocable Letter of Intent to Purchase Commodities. The Letter of Intent confirms the customer's intention to buy certain commodities from the supplier. The Letter is irrevocable, in other words, it c...Price: $4.99
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