A Letter of Intent (LOI) shows that you are serious about a purchase or sale. Our form makes it simple for you to make a Letter of Intent for the future purchase of an entire company or part of a company.
These documents are similar and are often used interchangeably. While they vary a bit from each other, they are used for the same purpose which is to show intent and an agreement to agree. Most are considered "nonbinding" unless the wording is included to make it binding.