Memorandum of Understanding
Documents agreed terms between parties before a formal contract is signed. Establishes intent, roles, and timeline without full legal commitment.
Why you need one
Agree before committing
Locks in key terms and intent so both parties are aligned before investing in a full contract.
Good faith baseline
Creates a documented expectation of good-faith negotiation toward a formal agreement.
Non-binding clarity
Explicitly states this is not a binding contract — protecting both parties while they finalize terms.
Timeline and roles
Defines who does what, by when, and what the next steps are.
How it works
Answer a few questions
Takes a few 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, Expert Review Included. 2 business days.
Download + sign
Delivered to your /account dashboard. Sign digitally or print + notarize.
What's in your document
- Purpose & scope
- Roles & responsibilities
- Timeline & milestones
- Confidentiality
- Non-binding statement
- Termination
Make it legal — after you receive it
Review together
Both parties should review and agree on every term.
Both parties sign
Signatures show good-faith agreement, not binding commitment.
File for reference
Keep as a reference when negotiating the final contract.
Pairs well with
This is not legal advice. We draft legal documents and our team includes business formation 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.
- State-specific — every state's format supported
- Delivered to your /account dashboard within 2 business days
- Expert Review Included before delivery
- Free amendments for 30 days