Sales & Transactions
Letter of Intent template
A letter of intent (LOI) is a written document that outlines the preliminary terms of a proposed transaction — such as a purchase, partnership, or employment offer — before a final contract is signed. Easy Docs prepares the LOI as a fillable template and exports it as a PDF or Microsoft Word (DOCX) file.
When is a letter of intent used?
- Signaling serious interest in acquiring a business or an asset.
- Documenting key deal terms before drafting the final agreement.
- Aligning parties on scope, price, and timeline of a partnership.
What information do I need to prepare this document?
- Names of the parties involved.
- Description of the proposed transaction.
- Key terms: price, timeline, exclusivity, confidentiality.
- Whether the LOI is binding, non-binding, or mixed.
- Effective and expiry dates.
Which formats and jurisdictions are supported?
| Attribute | Value |
|---|---|
| Export formats | PDF, Microsoft Word (DOCX) |
| Category | Sales & Transactions |
| Jurisdiction | An LOI can be fully binding, fully non-binding, or partially binding (for example, confidentiality provisions are typically binding while price is not). Be explicit in the document. Consult an attorney if the transaction is material. |
| Autosave | Yes — pick up where you left off any time. |
How do I create this document with Easy Docs?
- Open the Letter of Intent template from the Easy Docs catalog.
- Complete the guided fields the template asks for. Progress autosaves as you type.
- Download the finished document as a PDF or Microsoft Word (DOCX) file.
Frequently asked questions about the letter of intent template
- Is a letter of intent legally binding?
- It depends on how it is drafted. The Easy Docs template lets you mark each clause as binding or non-binding.
- What comes after an LOI?
- Typically the parties negotiate and sign a definitive agreement (for example a Purchase Agreement or Service Agreement). The LOI is preliminary.
- Can I use an LOI for a job offer?
- Yes. For hiring, Easy Docs also offers a dedicated Employment Offer Letter template.
Easy Docs helps you prepare documents from templates. It does not provide legal advice or recommend a document for your situation. If you are unsure whether a template fits your situation, consult a licensed attorney in your jurisdiction.
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