Find out when a letter of intent (LOI) is binding and non-binding. Understand the role of drafting language, and when an LOI is treated like a contract.

Sample Letter of Intent to Homeschool Most states suggest you only include the required information in your letter of intent and leave out things like specific curriculum plans.

A letter of intent, or LOI, is a non-binding document that starts the negotiation between two parties that want to do business.

The letter of intent is a document that outlines an anticipated purchase agreement between two or more parties before contracts are finalized. This is similar to a term sheet and may also be ...

Both a letter of intent and a memorandum of understanding establish business agreements. Neither term has a strict definition, so they are sometimes used interchangeably.

I HAVE WRITTEN before about this odd creature, the letter of intent, but the phone calls I get from clients convince me that there is still a lot of misunderstanding about what a letter of intent can ...

What's the difference? I'm applying for an academic position (assistant professor) and the school specifies s both a "letter of intent" and a "statement of teaching and research interests". I ...