Templates
Business
Letter of Intent (LOI)
A preliminary document outlining the key terms and intentions of a potential deal before a formal agreement is drafted. Commonly used in mergers, acquisitions, and real estate transactions.
Key Clauses
1
Transaction Overview
Summarizes the proposed deal structure and key terms.
2
Due Diligence
Outlines the investigation period and access to information.
3
Exclusivity Period
Prevents the other party from negotiating with competitors during a set period.
4
Binding vs. Non-Binding
Clarifies which provisions are legally binding and which are not.
5
Conditions Precedent
Lists conditions that must be met before the deal can close.
Use This Template
When You Need This
- Initiating negotiations for a business acquisition or merger
- Making a formal offer on commercial real estate
- Establishing intent before drafting a complex partnership agreement