Letter of Intent Template
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SideProjectors does not and will not provide any legal advice or legal service when you are selling or purchasing projects listed on SideProjectors. As outlined in the seller's guide, SideProjectors acts as a platform for listing projects and people to connect. The actual process of sales is done outside of SideProjectors. The following Non-Disclosure Agreement document is a template and template only. Please use it as a reference at your own risk. If you require professional legal advice, you must seek a lawyer.
A Letter of Intent is used by a prospective buyer and seller to establish terms and conditions of the business sale. The letter outlines the basic terms and key points involved in the business sale agreement. Once a buyer and seller have agreed upon the key terms of a deal, the buyer normally sends the seller a Letter of Intent to purchase a business.
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