Letter of Intent Example
Express your interest in a deal with a simple, professional letter of intent - state the transaction, your proposed consideration and conditions, then download
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A simple, professional letter of intent you can customize and download in minutes
A letter of intent (LOI) is a short letter that tells another party you are serious about doing a deal and sets out the main points, before a formal contract is negotiated. This template is a standard, plain-English, jurisdiction-neutral letter format that works for any business transaction - to purchase, acquire, partner in, license, invest in or lease a business, asset or opportunity. It walks you through the essentials: the subject of the transaction, the consideration you propose, the conditions (like due diligence, exclusivity and confidentiality), a clear note that the letter is not a binding offer, and your expected timing.
Just answer a few simple questions - your details and the recipient's, the type of transaction, the subject, your proposed consideration, the conditions and the timing - and your personalized letter of intent is generated instantly, ready to download as PDF or Word.
What this letter of intent includes
- A clean business-letter format - sender block, date, recipient block, salutation and sign-off
- An intent-action selector (purchase, acquire, partner, license, invest, lease, or other) so the letter fits any deal
- A clear statement of the subject of the transaction and what it covers
- Your proposed consideration, including amounts and timing
- The conditions for the transaction - due diligence, exclusivity and confidentiality
- A firm "not a binding offer" paragraph making clear the deal will be finalized only through a formal agreement, while keeping confidentiality and exclusivity binding
- Your expected timing if selected to proceed
- A professional closing and signature block with your name and title
How to create your letter of intent
1. Open the template and click Generate.
2. Answer the guided questions - your details and the recipient's, the transaction type and subject, your consideration, the conditions and the timing.
3. Generate the document - your details are merged into the letter automatically.
4. Review and download as PDF or Word, then sign and send it to the other party.
Who is this letter of intent for?
Business owners, buyers, sellers, investors and freelancers who want to open a deal professionally and put their interest in writing before drafting a full contract. Because it is jurisdiction-neutral and deal-agnostic, you choose the transaction type and describe the specifics, so the same letter works for buying or selling a business or asset, forming a partnership, licensing, investing, or a property deal.
Disclaimer: This template is provided for convenience and general information only and is not legal advice. Whether a letter of intent (or any part of it) is legally binding depends on its wording and on local law, and complex or high-value deals need a formal, definitive agreement. For significant transactions, have the final documents reviewed by a qualified lawyer before signing.
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What's included
- Professional formatting and layout in a clean letter format
- Easy customization with guided questions
- Multiple export formats: pdf, docx
- Works for purchases, acquisitions, partnerships, licensing and more
- Instant download after generation
- Professional formatting and layout
- Easy customization with guided questions
- Multiple export formats: pdf, docx
- Legally reviewed and compliant
- Instant download after generation
What is a letter of intent, and how is it different from a contract?
A letter of intent is a short letter that tells another party you are serious about doing a deal and sets out the main points — the subject, your proposed consideration, and the conditions — before a full contract is negotiated. Unlike a contract, it is mostly not binding: it opens the conversation and frames the deal, but the actual commitment comes later in a formal, definitive agreement.
Can I use this letter for any kind of transaction?
Yes. It is deal-agnostic: an intent-action selector lets you choose to purchase, acquire, partner in, license, invest in or lease, and a free-text field lets you describe the specific business, asset or opportunity. That makes it suitable for buying or selling a business or asset, forming a partnership, a licensing arrangement, an investment, or a property deal.
Is this letter of intent legally binding?
Mostly no. The template includes a clear paragraph stating that the letter is a statement of intent, not an official offer, and that the deal will be finalized only through a formal agreement — so neither side is obliged to proceed. It does note that any confidentiality and exclusivity terms you include are intended to be binding, which is the usual approach.
What should I put in the "consideration" and "conditions" sections?
In consideration, state what you are offering and when — for example a price, deposit and payment schedule, or other value you will provide. In conditions, set out what the deal depends on — commonly a due-diligence period to review the business or asset, a period of exclusivity so the other side deals only with you, and confidentiality over the discussions. The template prompts you for each.
Do I need to include timing?
It helps. Stating your expected timing — for example signing a definitive agreement within a set number of days and closing shortly after — shows you are organized and keeps momentum. The template includes a timing section so the recipient knows your intended schedule if you are selected to proceed.
What happens after I send the letter of intent?
If the recipient is interested, the parties typically carry out due diligence and negotiate a formal agreement — such as a purchase or partnership agreement — which contains the full, binding terms. The letter of intent is the professional first step that gets everyone aligned; for significant deals it is wise to have a lawyer prepare or review the definitive agreement.
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