Business Template
Free Letter of Intent (LOI) Template
A Letter of Intent outlines the preliminary understanding between parties before a formal agreement is drafted. Use this template for M&A, partnerships, real estate, or any negotiation.
Template
Copy this markdown, replace the {{variables}}, and send via API.
# Letter of Intent
**From:** {{fromName}} ({{fromCompany}})
**To:** {{toName}} ({{toCompany}})
**Date:** {{date}}
## Purpose
This Letter of Intent outlines the proposed terms for {{transactionDescription}}.
## Proposed Terms
{{proposedTerms}}
## Timeline
- Due Diligence Period: {{dueDiligence}}
- Target Closing Date: {{closingDate}}
## Exclusivity
{{exclusivityTerms}}
## Non-Binding Nature
This LOI is non-binding except for the confidentiality and exclusivity provisions.
## Confidentiality
Both parties agree to keep the terms of this LOI confidential.Send for e-signature
curl -X POST https://signb.ee/api/send \
-H "Authorization: Bearer YOUR_API_KEY" \
-H "Content-Type: application/json" \
-d '{
"content": "YOUR_RENDERED_MARKDOWN",
"senderName": "Your Name",
"senderEmail": "you@company.com",
"recipientName": "Recipient",
"recipientEmail": "recipient@email.com"
}'What happens next
- Signbee converts the markdown to a professional PDF
- Recipient gets an email with a signing link
- Both parties sign with an animated handwriting signature
- Both receive the signed PDF with a SHA-256 certificate
All signatures are legally binding under the ESIGN Act, eIDAS, and ECA.
More details
A Letter of Intent (LOI) is a critical pre-agreement document used in M&A transactions, real estate deals, partnerships, and franchise negotiations. While typically non-binding, specific clauses like confidentiality and exclusivity are usually enforceable.
LOIs serve several strategic purposes: they establish mutual interest before either party invests heavily in due diligence, they set the framework for final agreement negotiations, and they create a written record of key terms discussed verbally.
Binding vs. Non-Binding: The most common mistake with LOIs is assuming the entire document is non-binding. In practice, courts may enforce specific provisions — particularly confidentiality, exclusivity, and governing law clauses. Always clearly state which sections are binding and which are aspirational.
What to include in your LOI: - Transaction description and structure - Proposed price or valuation methodology - Due diligence scope and timeline - Exclusivity period (no-shop clause) - Key conditions precedent - Confidentiality obligations - Termination triggers
Signing an LOI electronically is the modern standard. Deals move fast — waiting for physical signatures can cost you the opportunity. With Signbee, send the LOI for signature and get it back signed within minutes, not days.
Frequently asked questions
Is a letter of intent legally binding?
An LOI is typically non-binding for its commercial terms (price, structure, timeline), but specific provisions like confidentiality, exclusivity, and governing law are usually enforceable. Always specify which sections are binding.
Can I sign a letter of intent electronically?
Yes. Letters of intent are fully valid with electronic signatures under ESIGN (US), eIDAS (EU), and ECA (UK). E-signed LOIs are standard in M&A, real estate, and business negotiations.
What is the difference between an LOI and an MOU?
An LOI (Letter of Intent) typically signals one party's intent to enter a transaction. An MOU (Memorandum of Understanding) usually reflects mutual agreement. In practice, the terms are often used interchangeably, though MOUs tend to be more detailed.
Related resources
Send this template for signing — free, no credit card.