Letter of Intent Generator

Give the proposed deal a clear starting point

A letter of intent puts the main points of a proposed business deal into a form the parties can discuss. Name your company, the other party and the person signing for your company. Choose the deal type, or describe it in your own words. A business purchase, asset purchase, partnership and supply arrangement may need different details, so read the generated opening rather than assuming a category is a complete description.

The price or value is optional. Include it when there is a figure the parties intend to discuss and make the currency clear. If the amount is still undecided, leaving it out may be more accurate than a number inserted just to complete the form. Keep this draft focused on the terms you are ready to put forward.

Write main terms that can be discussed one by one

The repeating list allows up to ten short terms. Give each item one main point so the other party can respond without untangling several proposals in a single sentence. Identify what the term concerns and use concrete wording. If a point depends on another document or decision, make that clear in your edited text rather than leaving an unexplained reference.

The Text card exposes each main term as a paragraph. You can keep the generated wording or edit it independently. Edited paragraphs stay fixed when fields change, so revisit them if the commercial details move. Reorder optional points when a different sequence would help the reader follow the proposal.

Keep target dates distinct from commitments

Signing and closing dates describe the timetable you propose. A due diligence period can give another point for discussion. Compare those dates with the steps the parties expect to take. A date copied from an earlier version may no longer make sense beside a revised review period. The generator does not assess whether the planned work can be completed within the time entered.

Read the binding note alongside the optional sections

Exclusivity and confidentiality have separate toggles. If exclusivity is included, specify the number of days the parties are discussing. The fixed starting note says: Except for the confidentiality and exclusivity sections, this letter is not legally binding and only sets out the main terms we expect to agree in a final contract. That paragraph is editable. Read it with the rest of the draft and seek advice where needed; this page does not decide the legal effect of the terms you write.

Review your letter of intent before sharing

Read the letter of intent as a recipient would. Confirm both parties, deal type, main terms, target dates and the non-binding statement, then compare the wording with a business proposal the parties can discuss before a final contract. A field can be filled in and still contain an error, so the checklist is a prompt for your review rather than proof that the document is right. Read confidentiality, exclusivity and the binding note together before accepting a draft. Remove notes meant only for you and make sure optional text does not contradict a sentence you have edited elsewhere.

The browser keeps this letter of intent draft on the device you are using when storage is available. Avoid leaving personal information on a shared computer. Use Clear saved details to remove this draft when you have finished, and keep a downloaded copy somewhere you control if you need it later. A PDF preserves the displayed wording and page arrangement. A Word file lets you revise the document in another editor; compare that version with your intended meaning before you send it. Preview the longest paragraphs, confirm the typed names at the end and give the file a name that helps you find the right version.

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