A flexible letter of intent for any deal you can customize and download in minutes

A letter of intent (LOI) is a letter from one party to another that sets out the main terms on which they propose to do a deal, before signing a full, binding contract. This template is a standard, plain-English, jurisdiction-neutral format that adapts to any transaction — a business merger, the purchase of a business or asset, a real estate transaction, or the purchase of goods or an item. It records the proposed transaction and price, provides for due diligence and (optionally) exclusivity, keeps confidentiality binding, and makes clear which parts are binding and which are simply a statement of intent.

Just answer a few simple questions - the sender and recipient, the type and description of the transaction, the price and key terms, the timeline and expiry, and the governing law - and your personalized letter of intent is generated instantly, ready to download as PDF or Word.

What this letter of intent includes

- A proper letter format - sender, date, recipient, a "**Re:**" line and a professional salutation and sign-off

- A transaction-type selector (merger, business purchase, asset/item purchase, real estate, or other) and a free-text description

- The proposed consideration / price, payment or structure, and any other key terms, all clearly marked as indicative

- A due diligence clause with a timeframe you set

- A timeline toward a definitive agreement, and an optional exclusivity period

- A binding confidentiality clause and a costs clause (each party bears its own)

- A clear binding-effect clause - the LOI is a non-binding statement of intent except for confidentiality, exclusivity, costs, expiration and governing law

- An expiration date for the offer, a governing-law clause you choose, and an "Agreed and Accepted" countersignature block so the recipient can accept

How to create your letter of intent

1. Open the template and click Generate.

2. Answer the guided questions - the sender and recipient, the transaction type and description, the price and terms, the timeline and expiry, and the governing law.

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 for the other party to countersign.

Who is this letter of intent for?

Business owners, buyers, sellers, investors and freelancers who want to put a proposed deal in writing and move negotiations forward — before spending time and money on a full contract. Because it is jurisdiction-neutral and deal-agnostic, you choose the governing law and describe the transaction, so the same format works for a merger, a business or asset sale, a property deal, or a significant purchase.

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 some deals — especially involving real estate, regulated businesses or securities — need specific contracts and approvals. For high-value or complex transactions, have the final document 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

- Adapts to mergers, business/asset purchases and real estate deals

- Instant download after generation

#business purchase LOI templates

Letter of Intent (LOI) Sample