Letter of Intent

If you want to make an agreement or action that concerns your personal life, you’ll need a letter of intent. A letter of intent is a defined as a document that entails the personal intention of a person to another person or to an organization; it describes the action you will take. Letter of intent resemble written contracts, but are usually not binding on the parties in their entirety and it contain provisions that are binding, such as non-disclosure agreements, a covenant to negotiate in good faith, or a “stand-still” provision promising exclusive rights to negotiate. In business, it means all the agreement and conditions that has been discussed between two parties or people before an agreement is finalized. It contains all the important aspects of the agreement and the conduct of the two parties on a contract. A letter of intent is signed for legality and for the intention of declaring that two parties involved are negotiating an agreement, so it means that it is for the main purpose of introducing the people in contract to the final contract.

Remember that when writing a letter of intent, the words, letters and style should be appropriate to the situation intended for the letter you are about to write. All of the things you would write must be factual and straight to the point but with modesty and respect to the people you are writing to. And also be sure that you must carry out all of the things you will write, that may be a oath, promise or condition you swear to the people you are writing to.

Letter of Intent

Letter of Intent