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A letter of intent template, or LOI for short, is used to make forming a binding deal easier and less expensive. A sample letter of intent can also include clauses such as a nondisclosure agreement, exclusivity in negotiations, and good faith and fair dealing, to prevent competitive offers from ruining the prospective deal. A letter of intent sample can make sure the terms are understood clearly before investing time and money into making a binding contract, and help prevent disputes and litigation in the future.
The form of letter of intent will depend on the reason for its use. Letter templates should always be typed rather than handwritten, signed, and dated. It should be written in a detailed manner, so that it can be used as the basis for forming a contract down the road. US Legal Forms offers a sample for letter of intent for virtually any need, professionally drafted at an affordable price. Some popular types of business letter forms we offer include:
The letter of intent template documents we offer can be easily downloaded in Word format and customized to fit your needs. We have the letter of intent sample forms professional trust.