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Letter of intent

A Letter of Intent PDF Template helps you state your serious plan to start a deal, partnership, job, purchase, or program before the final agreement is made. Use this free, ready-to-edit letter to outline the main terms and what you intend to do next. Fill in the details, download it as a PDF, and sign it in minutes.

What Is a Letter of Intent and Why Do You Need One?

A letter of intent, often called an LOI, is a written document that shows one party's clear plan to enter into a deal or agreement with another. It is commonly used in business deals, property sales, partnerships, investments, job offers, and school or college applications. The letter usually includes the names of both sides, the purpose, key terms such as price or timeline, and the next steps. It helps both sides confirm that they are on the same page before spending time and money on a full contract.

Why Use a Ready-Made Template Instead of Writing One Yourself

Writing a letter of intent from scratch can be confusing, as you must be clear about what is agreed and what is not yet final. Unclear wording can cause one side to think the deal is fully binding, while the other thinks it is only a plan. A ready-made Letter of Intent Template already has the key sections in clear, simple language, including space for confidentiality and non-binding terms, so you only add your own details.

Who Should Use This Letter of Intent Template

This template is useful for business owners, investors, buyers, sellers, and landlords who are planning a deal. It also helps job seekers, students, and professionals who want to show their intent to join a company, course, or program. Startups and small businesses can use it to move discussions forward in a professional way, without the cost of a lawyer for an early-stage plan.

How to Fill Out and Use This Letter of Intent Correctly

Start by adding the date and the full names and contact details of both parties. Next, explain the purpose of the letter and what deal or action you plan to take. Add the main terms, such as price, payment method, timeline, and any conditions. State clearly which parts are binding, such as confidentiality, and which parts are non-binding. Mention the date by which the final agreement should be signed. Both parties should read it carefully, sign and date it, and save a copy as a PDF for their records.


How to Use Agreed Templates

Start With the Template

Open the Product Agreement Template in your Agreed workspace and begin with a ready-to-use agreement structure.

Customize Agreement Details

Add or edit product details, responsibilities, pricing, deliverables, timelines, and other terms to match your agreement needs.

Review, Sign & Manage

Send the agreement for review and approval, collect signatures, and manage the completed agreement securely in Agreed.

Frequently Asked Questions.

Everything you need to know about Agreed. Can't find what you're looking for?

Usually no. Most letters of intent are non-binding, meaning they show a plan but do not force either side to complete the deal. Some parts, like confidentiality or exclusivity, can be made binding if clearly written.

A letter of intent is an early-stage document that outlines the main terms and plans. A contract is the final, detailed agreement with full legal duties. The letter of intent usually comes first and leads to the contract

Most are one to three pages. It should be short and clear, covering the main points like parties, purpose, key terms, timeline, and next steps, without going into the full detail of a contract.

Yes, in most cases an electronic signature on a PDF is accepted for letters of intent. Both parties should sign, and each should keep a final signed copy for their records.

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