Letter Of Intent
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What is a Letter of Intent?
A Letter of Intent (LOI) is a preliminary document that outlines the key terms and intentions of parties before entering into a formal agreement. It serves as a roadmap for future negotiations — summarizing what both sides have agreed upon in principle while clarifying that the final deal will be subject to a detailed contract.
Why a Letter of Intent Matters?
Although an LOI may not always be legally binding, it plays a crucial role in setting the tone and structure of any business or property transaction. Having it professionally reviewed or drafted ensures:
• Clarity of terms before investing time or money into due diligence.
• Avoidance of future disputes by addressing key issues early.
• Legal protection through carefully worded binding and non-binding clauses.
• Confidence in negotiation, knowing your interests are clearly represented.
Deliverables
- Customized Letter of Intent drafted or reviewed by senior commercial lawyers.
- Detailed summary of key terms, obligations, and proposed next steps.
- Clarification of binding and non-binding clauses to prevent future disputes.
- • Confidentiality and exclusivity provisions aligned with your negotiation goals.
- Written legal opinion and consultation explaining risks, responsibilities, and recommendations.
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