Draft Letter of Intent

Clients Rate Lawyers on our Platform 4.9/5 Stars
based on 4,009 reviews

Jump to Section

Need help with a Letter of Intent?

Post Project Now

What Does It Mean to Draft a Letter of Intent?

A letter of intent (LOI) is a legal document used to express a commitment in a business deal or other formal transaction between two or more parties.

The letter of intent is an agreement to agree to future terms and conditions. These terms and conditions are usually outlined in future agreements, such as a property purchase agreement or nondisclosure agreement.

Here is an article overview of a letter of intent and its purpose.

Why Should You Use a Letter of Intent?

Using a letter of intent expresses and formally documents an interest in doing business with another person or entity. It is used in high-value transactions, such as business acquisitions, joint ventures, or real estate purchases.

It’s often common to see a nondisclosure agreement with a letter of intent to keep the deal's details private.

You should use a letter of intent if you plan to join or buy a business, purchase commercial real estate with an existing business, or buy property.

Here is an article with more information on when to use a letter of intent.

Meet some lawyers on our platform

Justin K.

3 projects on CC
View Profile

Zachary J.

52 projects on CC
View Profile

Ryenne S.

130 projects on CC
View Profile

Matthew S.

2 projects on CC
View Profile

Types of Letters of Intent

You may encounter five types of letters of intent, each with its unique stipulations and requirements. As the nature of the letter differs, so does its structure. Depending on why you are using a letter of intent, you must follow the appropriate format to ensure it contains all necessary legal elements.


There are many applications for letters of intent in business. Still, most are for business partnerships, joint ventures, acquisitions, and mergers. One party can write a letter expressing interest in joining, purchasing, or doing business with another company.

The letter of intent sets the framework for a future definitive agreement; it is important to note that the letter itself is a preparatory step and does not represent a legally binding relationship between the two parties.


Before signing an employment contract, you may write a letter of intent to work for a company. You could also send a letter of intent to a business that does not advertise a particular job and express interest in a specific position or work in a particular division.


Educational letters of intent are in the form of scholarships and university programs. Students often submit a letter of intent with their application, expressing their motivation for applying to a degree program and their desire to study at a particular institution.

Family Court

A parent seeking custody orders can write a letter of intent and submit it to the court. The letter of intent for the family court summarizes the details of the case, and it explains the custody arrangements the part desires and why these arrangements would be in the child's best interest.


If someone receives a scholarship, they may submit a letter of intent to the scholarship donor accepting the money. The same is true for other types of grants and financial awards.

Real Estate

Prospective buyers can submit letters of intent to sellers before purchasing a property. A tenant can also submit a letter of intent to a landlord and discuss the proposed terms of a future real estate purchase or rental agreement.

Here is an article on how to write a letter of intent (LOI).

Who Writes a Letter of Intent?

Letters of intent are written by the party wishing to express their interest and propose an offer. In the case of real estate, the letter of intent is written by the buyer and issued to the seller. In business, letters of intent can come from entities proposing partnerships, joint venture deals, or business acquisition.

The purpose of the letter of intent is to open dialogue for future negotiation. It is not a legally binding agreement, and it does not officiate any transaction. Instead, it invites the recipient to respond, discuss opportunities, and request changes before proceeding with a definitive agreement.

Here is an article detailing using real estate letters of intent and how they can benefit the negotiation process.

Is a Letter of Intent a Legal Document?

Yes and no. Although a letter of intent is considered a legal document proposing an agreement, it does not obligate any party to perform specific tasks. For example, you may write a letter of intent expressing your desire to acquire someone’s business. However, they are not legally bound to respond to your letter with agreement.

Letters of intent are the first step toward writing and signing a formal agreement. They allow parties to discuss and negotiate details in complex transactions, making their final agreement much more streamlined.

Make sure that when writing a letter of intent, you keep the focus solely on the proposed deal and interest. Short, concise paragraphs free from wordy jargon are best.

Here is an article with tips for writing a letter of intent.

What Should Be Included in a Letter of Intent?

Letters of intent should include a brief self-introduction, your expressed purpose, and your reasons for writing the letter. It should be a short document, no longer than one page, and use short paragraphs with formal but simple language.

Generally speaking, a letter of intent should include your qualifications or relevant experience, which justify your position as a suitable partner/candidate/buyer.

The exact nature of the letter will vary greatly depending on your reason for writing. However, you should keep the letter simple, straightforward, and free of spelling and grammatical errors.

Below are the key elements to always include in a letter of intent. You can follow them sequentially to ensure your letter has all the necessary elements.

  • Greetings. Open the letter by addressing the appropriate parties. For example, you may write, “To whom it may concern,” and begin your letter from there. Ensure to drop a line in your letter after writing the greeting so no other writing appears on the same line as the recipient’s name.
  • Introduction. Start the letter by stating your name, purpose, and background in that order. For example, a job applicant would introduce themselves by name, explain why they are writing (what job they are applying for), and their relevant qualifications.
  • Skills and experience, or an offer proposal. Suppose you are writing an employment or business letter of intent. In that case, you will want to include information about yourself, such as your skills and achievements. You could also use the body of the letter to express interest in something and make an offer, such as the intent to purchase a house or acquire a business.
  • A call to action. Conclude your letter by requesting the recipient to contact you to discuss your letter's details further. You can use this final paragraph to thank the person for their time and encourage them to contact you with any questions or to discuss future opportunities. You should also include contact information, such as an email address or phone number.
  • Closing. A simple, one-line closing on its line is sufficient for ending your letter of intent. You can sign it however you like, but you should remain professional. Use salutations such as “Sincerely,” “Thank you,” or “Regards,” followed by your signature on the line directly below. Be sure to date your signature as well before sending the letter.

Here is an article on how to write a letter of intent for a job, along with two examples.

Post a project in ContractsCounsel’s marketplace to receive flat fee bids from lawyers for your project. All lawyers have been vetted by our team and peer-reviewed by our customers for you to explore before hiring.

How ContractsCounsel Works
Hiring a lawyer on ContractsCounsel is easy, transparent and affordable.
1. Post a Free Project
Complete our 4-step process to provide info on what you need done.
2. Get Bids to Review
Receive flat-fee bids from lawyers in our marketplace to compare.
3. Start Your Project
Securely pay to start working with the lawyer you select.

Meet some of our Lawyers

Jonathan K. on ContractsCounsel
View Jonathan
5.0 (1)
Member Since:
October 15, 2022

Jonathan K.

Managing Attorney
Free Consultation
Get Free Proposal
Tulsa, OK
17 Yrs Experience
Licensed in OK
Oklahoma City University School of Law

Jonathan is the Founder and Managing Attorney of Liberty Legal Solutions, LLC, a law firm dedicated to building, protecting, and defending the business and personal interests of our clients in Oklahoma. Jonathan's primary practice areas are business law, contracts and agreements, business litigation including breach of contract disputes and commercial claims, and outside general counsel services. Jonathan is considered an "America First" attorney by several of his clients, and has a reputation for aggressively defending their interests and rights both inside and outside the courtroom. Prior to founding Liberty Legal Solutions, LLC, Jonathan worked with a civil litigation law firm in Edmond, Oklahoma, where he obtained experience in a variety of practice areas. Jonathan has also worked with regional creditor rights law firms where he has assisted them in starting their branch operations in Oklahoma. Jonathan earned his B.A. in Government & International Politics from George Mason University in 2002 and earned his Juris Doctor from Oklahoma City University in 2006. Jonathan is married to his wife Jennifer. When not helping clients, Jonathan enjoys reading, Republican politics, spending time with family, traveling, and working on his "Freedom Friday" blog.

Christina S. on ContractsCounsel
View Christina
5.0 (1)
Member Since:
November 1, 2022

Christina S.

Managing Attorney
Free Consultation
Get Free Proposal
Kingsport, TN
12 Yrs Experience
Licensed in TN
Appalachian Law School

I am an attorney who has been practicing for over a decade, experienced in multiple areas of law, both from a litigation and more procedural side. The great thing about my practice is that it has trained me to deal with so many different types of problems and to find solutions in a variety of legal scenarios that are almost never similar.

Ryenne S. on ContractsCounsel
View Ryenne
4.9 (81)
Member Since:
October 11, 2022

Ryenne S.

Principal Attorney
Free Consultation
Get Free Proposal
Chicago, IL
13 Yrs Experience
Licensed in IL
DePaul University College of Law

My name is Ryenne Shaw and I help business owners build businesses that operate as assets instead of liabilities, increase in value over time and build wealth. My areas of expertise include corporate formation and business structure, contract law, employment/labor law, business risk and compliance and intellectual property. I also serve as outside general counsel to several businesses across various industries nationally. I spent most of my early legal career assisting C.E.O.s, General Counsel, and in-house legal counsel of both large and smaller corporations in minimizing liability, protecting business assets and maximizing profits. While working with many of these entities, I realized that smaller entities are often underserved. I saw that smaller business owners weren’t receiving the same level of legal support larger corporations relied upon to grow and sustain. I knew this was a major contributor to the ceiling that most small businesses hit before they’ve even scratched the surface of their potential. And I knew at that moment that all of this lack of knowledge and support was creating a huge wealth gap. After over ten years of legal experience, I started my law firm to provide the legal support small to mid-sized business owners and entrepreneurs need to grow and protect their brands, businesses, and assets. I have a passion for helping small to mid-sized businesses and startups grow into wealth-building assets by leveraging the same legal strategies large corporations have used for years to create real wealth. I enjoy connecting with my clients, learning about their visions and identifying ways to protect and maximize the reach, value and impact of their businesses. I am a strong legal writer with extensive litigation experience, including both federal and state (and administratively), which brings another element to every contract I prepare and the overall counsel and value I provide. Some of my recent projects include: - Negotiating & Drafting Commercial Lease Agreements - Drafting Trademark Licensing Agreements - Drafting Ambassador and Influencer Agreements - Drafting Collaboration Agreements - Drafting Service Agreements for service-providers, coaches and consultants - Drafting Master Service Agreements and SOWs - Drafting Terms of Service and Privacy Policies - Preparing policies and procedures for businesses in highly regulated industries - Drafting Employee Handbooks, Standard Operations and Procedures (SOPs) manuals, employment agreements - Creating Employer-employee infrastructure to ensure business compliance with employment and labor laws - Drafting Independent Contractor Agreements and Non-Disclosure/Non-Competition/Non-Solicitation Agreements - Conducting Federal Trademark Searches and filing trademark applications - Preparing Trademark Opinion Letters after conducting appropriate legal research - Drafting Letters of Opinion for Small Business Loans - Drafting and Responding to Cease and Desist Letters I service clients throughout the United States across a broad range of industries.

Jingjing L. on ContractsCounsel
View Jingjing
Member Since:
October 14, 2022

Jingjing L.

Free Consultation
Get Free Proposal
London, UK
6 Yrs Experience
Licensed in IL
University of Chicago Law School

Hi there. I am a dual qualified (Illinois; England & Wales) transactional lawyer with about 5 years of experience. I trained in two of the top international "big law" firms focusing first on insurance and financial services work followed by general UK corporate and private equity work. I left private practice earlier this year, took a few months off for my wedding and honeymoon, and am currently exploring legal consulting opportunities.

Danny J. on ContractsCounsel
View Danny
Member Since:
October 17, 2022

Danny J.

Free Consultation
Get Free Proposal
New York, NY
9 Yrs Experience
Licensed in NY
New York Law School

I have had my own law practice since 2014 and I enjoy solving my clients’ problems. That’s why I constantly stay on top of the latest developments in the law and business of startups, entertainment, art, intellectual property, and commercial enterprise. I constantly keep learning because everything I learn helps me make my client’s life better. I assist clients in all aspects of copyright, trademark, contract, trade secret, business, nonprofit, employment, mediation, art, fashion, and entertainment law. Even though I am licensed to practice law in NY, I have worked for clients all over the country and even in Europe, Africa, and Latin America. No matter the client, I always look for ways to protect their assets, artworks, businesses, and brands with strategies to help them grow. I am a fluent bilingual legal professional who can analyze complex legal and business problems and solve them creatively for the benefit of my clients. I am detail-oriented and attentive which makes me excellent at negotiating, drafting, and revising all types of agreements and deals. I advise creatives and companies on intellectual property issues, risk management, and strategic planning. My clients love what I do for them because I employ a practical, client-tailored, and results-oriented approach to their case, no matter how small.

CRAIG C. on ContractsCounsel
Member Since:
October 19, 2022


Free Consultation
Get Free Proposal
Fort Worth, TX
29 Yrs Experience
Licensed in TX

I have 27 years of experience with drafting, editing, revising, reviewing and amending business and commercial contracts and agreements of all kinds.

Adalbert M. on ContractsCounsel
View Adalbert
Member Since:
October 26, 2022

Adalbert M.

Free Consultation
Get Free Proposal
Port Saint Lucie, FL
2 Yrs Experience
Licensed in FL
Western Michigan University Thomas M. Cooley Law School

I am a solo-practitioner and founder of The CYA LAW FIRM, PLLC, in Port Saint Lucie, Florida. I am a transactional lawyer, focusing on Asset Protection, Estate Planning, and Business Law. I am fluent in Spanish and English.

Kevin F. on ContractsCounsel
View Kevin
Member Since:
October 26, 2022

Kevin F.

Director, IP Lawyer
Free Consultation
Get Free Proposal
Bournemouth, England
36 Yrs Experience
Licensed in MA
The George Washington University School of Law

I'm an IP lawyer and patent attorney (US and European). I work in high tech fields, such as software, quantum computing, AI and Blockchain and many other IT related fields. I've been in IBM's IP legal function for 25 years and now am a Director in my own law firm.

Cherryl M. on ContractsCounsel
View Cherryl
Member Since:
November 4, 2022

Cherryl M.

Contract Attorney
Free Consultation
Get Free Proposal
London, GB
5 Yrs Experience
Licensed in CA
University of California, Hastings College of the Law

I am a U.S. lawyer (licensed in California) and have recently relocated to London. I hold a bachelor’s degree in Political Science from the University of California, Berkeley and a Juris Doctor law degree from the University of California, Hastings College of the Law. I have extensive experience in providing legal services and support in areas of business, labor & employment, IP enforcement (patent infringement, copyright & trademark), and other litigation matters; Reviewing, drafting, and editing business and legal documents/contracts; Conducting legal research and analysis, drafting memorandums, pleadings, discovery, document review, various motions, mediation briefs, and other litigation related activities; Reviewing and preparation of templates, policies, and processes for compliance with laws and regulations; educating and advising on legal and compliance issues.

Karl D. S. on ContractsCounsel
View Karl D.
Member Since:
October 28, 2022

Karl D. S.

Free Consultation
Get Free Proposal
Middlebury, Connecticut
11 Yrs Experience
Licensed in CT, MA
Pepperdine University School of Law

Karl D. Shehu, has a multidisciplinary practice encompassing small business law, estate and legacy planning, real estate law, and litigation. Attorney Shehu has assisted families, physicians, professionals, and people of faith provide for their loved ones by crafting individualized estate and legacy plans. Protecting families and safeguarding families is his passion. Attorney Shehu routinely represents lenders, buyers, sellers, and businesses in real estate transactions, researching and resolving title defects, escrowing funds, and drafting lending documents. To date, Attorney Shehu has closed a real estate deal in every town in Connecticut. As a litigator, Attorney Shehu has proven willing to engage in contentious court battles to obtain results for his clients. While practicing at DLA Piper, LLP, in Boston, Attorney Shehu represented the world’s largest pharmaceutical companies in multidistrict litigations filed throughout the United States. He has been a passionate advocate for immigrants and the seriously injured, frequently advising against lowball settlement offers. He is willing to try every case to verdict, and he meticulously prepares every case for trial. Attorney Shehu began his legal career as a consumer lawyer, utilizing fee-shifting statutes to force unscrupulous businesses to pay the legal fees of aggrieved consumers. For example, in Access Therapies v. Mendoza, 1:13-cv-01317 (S.D. Ind. 2014), Attorney Shehu utilized unique interpretations of the Trafficking Victims Protection Act, Truth-in-Lending Act, and Racketeer Influenced and Corrupt Organizations Act (RICO) to obtain a favorable result for his immigrant client. Attorney Shehu is a Waterbury, Connecticut native. He attended Our Lady of Mount Carmel grammar school, The Loomis Chaffee School, and Chase Collegiate School before earning degrees from Boston College, the University of Oxford’s Said Business School in England, and Pepperdine University School of Law. At Oxford, Karl was voted president of his class. Outside of his law practice, Attorney Shehu has worked to improve the world around him by participating in numerous charitable endeavors. He is a former candidate for the Connecticut Senate and a parishioner of St. Patrick Parish and Oratory in Waterbury. In addition, Attorney Shehu has written extensively on the Twenty-fifth Amendment and law firm retention by multinational firms.

Kimbrelly K. on ContractsCounsel
View Kimbrelly
Member Since:
November 1, 2022

Kimbrelly K.

Free Consultation
Get Free Proposal
Lake Lure, NC
25 Yrs Experience
Licensed in NC
University of North Carolina at Chapel Hill

Attorney Kegler has been licensed to practice law in ​the State of North Carolina since 1998. Over the years,​ she has worked in firms that focused on small​ business financing, initial startup formation, to​ starting several businesses of her own with bootstrap​ financing to venture capital funding. As a Certified​ Dream Manager, she couples the skills of listening to​ understand the big picture to get to solutions that not​ only fit today's needs but also the long term needs of​ her entrepreneurial clients.​

Find the best lawyer for your project

Browse Lawyers Now

Want to speak to someone?

Get in touch below and we will schedule a time to connect!

Request a call