Letter of Intent
Formally expresses intent to enter a business relationship, negotiate a deal, or make a purchase. Sets the framework for future negotiations.
Why you need one
Formal intent
Shows you're serious about the deal — not just exploring. Sets a professional tone for negotiations.
Framework for negotiation
Establishes the key terms and timeline before lawyers draft the full agreement.
Non-binding protection
Explicitly states this is not a binding commitment — you're expressing interest, not obligation.
Due diligence access
Often used to gain access to confidential information for due diligence before a purchase.
How it works
Answer a few questions
Takes about 10 minutes. Progress is saved as you go.
Pay a flat fee
Stripe checkout — cards + Apple Pay + Google Pay accepted.
Our expert team drafts it
State-specific, reviewed by an expert or partner attorney. 2 business days.
Download + sign
Delivered to your /account dashboard. Sign digitally or print + notarize.
What's in your document
- Purpose & intent
- Proposed terms
- Due diligence access
- Timeline & exclusivity
- Non-binding statement
- Confidentiality
Make it legal — after you receive it
Review with the other party
Ensure both parties are aligned on the proposed terms.
Sign and send
Sign and deliver to the other party. Keep a copy.
File for reference
Keep with your deal documents for reference during negotiations.
Pairs well with
This is not legal advice. We draft legal documents and our team includes licensed experts who review each one, but we are not your law firm and nothing we deliver constitutes legal advice for your specific matter. Read our full disclaimer.
Competitor pricing checked against Rocket Lawyer and LegalZoom public pricing; excludes fees and may change. See our price sources for capture dates.
- State-specific — every state's format supported
- Delivered to your /account dashboard within 2 business days
- CPA + attorney review before delivery
- Free amendments for 30 days