Letters of Intent
The 2026 Legal Form
Business Purchase LOI
Create a professional Letter of Intent to purchase a business - covers business acquisitions, asset purchases, stock or …
Non-binding LOIs for real estate purchases, business acquisitions, commercial leases, investments, hiring, job offers, stock purchases, and charitable donations - with binding confidentiality and exclusivity clauses where applicable.
- Binding vs. non-binding clauses clearly separated
- State-specific enforceability rules built in
- Download-ready PDF in minutes
Available forms
Featured Letter of Intent Templates
What's Inside Each Letter of Intent
Binding & Non-Binding Sections Clearly Marked
Every section is labeled as either binding or non-binding, so both parties know exactly which terms carry legal weight before a formal purchase agreement is drafted.
Comprehensive Transaction Terms
Covers purchase price, payment structure, asset inventory, employee retention, non-compete clauses, and transition timelines — all the terms needed for a real business acquisition.
Built for Real Business Deals
Includes due diligence periods, contingency clauses, confidentiality provisions, and closing conditions that match how actual business purchases are structured.
Did you know?
Did You Know?
A Letter of Intent is not just a formality - it establishes the framework for every negotiation that follows. While LOIs are generally non-binding, specific clauses like confidentiality and exclusivity are routinely enforced by courts. In real estate, an improperly drafted LOI can unintentionally create a binding contract under the Statute of Frauds if key terms are definite enough. And in charitable giving, a donor's LOI can become enforceable under promissory estoppel even without a formal pledge agreement.
Why our legal forms
Why Our Forms
Binding & Non-Binding Clauses Separated
Every LOI clearly identifies which provisions are non-binding expressions of intent and which - confidentiality, exclusivity, governing law - are legally enforceable. No ambiguity, no accidental contracts.
8 Transaction Types Covered
From business acquisitions and stock purchases to commercial leases, real estate, investments, hiring, job offers, and charitable donations - each template is purpose-built for its transaction type with industry-specific terms.
Ready in Five Minutes
Answer guided questions, review your terms, and download a professionally formatted LOI PDF - ready to send to the other party immediately.
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Featured — Real Estate LOI
California Real Estate Letter of Intent
California real estate LOIs must account for the state's extensive disclosure requirements, mandatory natural hazard zone disclosures, and the distinction between attorney-state and title-state customs. The Statute of Frauds requires real property contracts to be in writing - and a sufficiently detailed LOI can inadvertently satisfy this requirement, creating binding obligations before a formal purchase agreement is executed. Our California Real Estate LOI template includes proper non-binding language, carve-outs for binding confidentiality and exclusivity clauses, and state-specific contingency structures for inspections, financing, and title review.
What people are saying
Real transactions, real confidence
Join businesses, buyers, and founders who started with a professional LOI
"We used the Business Purchase LOI for a $1.2M acquisition. The binding confidentiality clause gave us the protection we needed during due diligence - and the whole thing took 10 minutes to put together."
David R.
Business Broker, Texas
"The Real Estate LOI template saved us weeks of back-and-forth. Our agent said it was the most professional LOI she'd seen from a non-attorney buyer."
Jennifer M.
First-Time Homebuyer, Florida
"I needed an Investment LOI for a seed round and didn't want to pay $800 in legal fees for a non-binding document. This template covered everything - SAFE terms, no-shop clause, the works."
Amir K.
Startup Founder, California
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Frequently Asked Questions
Everything you need to know about our letter of intent templates
A Letter of Intent (LOI) is a document expressing one party's intent to enter into a transaction with another party. LOIs outline proposed terms - price, timeline, conditions - before a formal binding agreement is drafted. While most LOI provisions are non-binding, specific clauses like confidentiality and exclusivity are typically enforceable.
Generally no - LOIs are designed as non-binding expressions of intent. However, courts routinely enforce specific provisions that are expressly designated as binding, including confidentiality obligations, exclusivity or no-shop periods, and governing law clauses. In some cases, an LOI with sufficiently definite terms can be found binding even if labeled non-binding.
Both are pre-agreement documents, but an LOI is typically unilateral - one party expressing intent to the other - while a Memorandum of Understanding (MOU) is bilateral, signed by both parties to memorialize mutual understanding. In practice, courts focus on the language used rather than the title.
Yes. Real estate LOIs must address state-specific disclosure requirements, title and escrow customs, and Statute of Frauds compliance. Business purchase LOIs address asset versus stock acquisition structures, due diligence scope, employee retention terms, and non-compete provisions that do not apply to real property transactions.
In most states, a charitable pledge is not enforceable as a contract because it lacks consideration. However, under promissory estoppel, a charitable pledge may be enforced if the organization relied on it to its detriment - for example, by starting construction on a building funded by the pledge. Our LOI includes an optional binding pledge mechanism for donors who want their commitment to be enforceable.
A Letter of Intent to Hire is a pre-offer communication expressing an employer's intent to make a formal offer - it is non-binding and typically contingent on background checks, references, and budget approval. A formal offer letter, by contrast, contains definitive employment terms and, once accepted, may create binding obligations.
All forms
Letters of Intent Legal Forms
Create a professional Letter of Intent to purchase a business - covers business acquisitions, asset purchases, stock or equity transactions, and mergers. Includes proposed purchase price, payment structure, due diligence terms, non-compete provisions, and legally binding confidentiality and exclusivity clauses. All 50 states.
Create a professional Letter of Intent to lease commercial space - covers retail, office, warehouse, industrial, medical, and restaurant properties. Includes proposed rent, lease term, tenant improvement allowance, exclusive use clause, and legally binding confidentiality and exclusivity provisions. All 50 states.
Create a professional investment letter of intent outlining proposed terms for equity, convertible note, SAFE, or loan investments. Covers investment amount, valuation, due diligence, investor protections, binding confidentiality and exclusivity clauses, and clear non-binding language. All 50 states.
Create a professional job letter of intent from employer to candidate. Outlines position, salary, benefits, start date, work arrangement, and pre-employment conditions. Fully non-binding with at-will employment language for 49 states and Montana WDEA provisions. Includes confidentiality and non-compete disclosure notices. All 50 states.
Create a formal letter of intent to donate expressing your planned charitable contribution to a nonprofit or qualifying organization. Covers donation amount, type, purpose designation, multi-year pledge schedules, recognition preferences, donor conditions, tax acknowledgment requests, and optional binding pledge language. All 50 states.
Create a professional letter of intent to hire - a formal pre-offer document from employer to candidate outlining position title, compensation, benefits, work arrangement, and pre-employment conditions. Includes at-will employment language, candidate acknowledgment section, and company letterhead formatting. All 50 states.
Create a professional letter of intent for any real estate transaction - residential, commercial, or land purchase. Clearly distinguishes binding provisions from non-binding proposed terms. Covers offer price, earnest money, financing terms, inspection and appraisal contingencies, title and escrow provisions, and state-specific governing law compliant with your state's Statute of Frauds. All 50 states.
Create a professional Letter of Intent to purchase stock or equity in a company - covers share count, price per share, class of stock, payment structure, due diligence, representations and warranties, shareholder rights, and key conditions. Includes legally binding confidentiality and exclusivity clauses plus securities law disclaimer. All 50 states.