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What is a letter of intent (LOI)?

A Letter of Intent (LOI) is a document that highlights the general plans of an agreement between two or more parties prior to the agreement being finalized. An LOI is not legally binding in its entirety but does include certain sections that are legally binding. As a whole, an LOI demonstrates a serious commitment to move towards a final agreement on the set out and agreed-upon terms.

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After receiving a letter of intent (LOI) as a seller, can I keep negotiating with other buyers?
After simply receiving an LOI, the seller may continue to entertain other prospective buyers. However, after the LOI is understood and si...
How do I download a copy of the LOI?
An LOI will be accessible after both parties have signed the NDA. If you wish to download a copy of the LOI: Log in to your account....
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