Letter of intent template
Express preliminary agreement on key terms before drafting a formal contract. Use a letter of intent for business acquisitions, real estate transactions, or partnership discussions.
What this template covers
- Parties involved
- Transaction overview
- Key terms and conditions
- Due diligence period
- Exclusivity period
- Binding vs. non-binding provisions
- Timeline and milestones
- Confidentiality
Common use cases
How to send a letter of intent (loi) for e-signature
- Upload your document — drag and drop your letter of intent (loi) PDF into SignOwl, or use our template as a starting point.
- Add signature fields — use AI field detection to automatically place signature, date, and name fields, or add them manually.
- Send for signing — enter the signer's email and hit send. They'll get a link to sign from any device.
- Get the signed copy — both parties receive the signed document with a tamper-proof audit trail and SHA-256 verification.
Frequently asked questions
Is a letter of intent legally binding?
It depends. LOIs typically contain both binding provisions (confidentiality, exclusivity) and non-binding provisions (price, terms). The document should clearly state which sections are binding.
What's the difference between an LOI and a term sheet?
They're similar. LOIs are more common in M&A and real estate; term sheets are more common in venture capital and lending. Both outline key terms before a definitive agreement.
Can I get an LOI signed quickly?
Yes. With SignOwl, signers receive a link and can sign from any device in minutes. No app downloads, no account creation — just review and sign.
Ready to send your first document?
Upload a PDF, add signature fields, and send — your signers get a beautiful page on any device. No accounts, no apps, no friction.
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