Letter of Intent - Free Legal Template
Updated 17 October 2025
This document is a Letter of Intent (LOI) template designed to formally express preliminary terms and conditions for a proposed action between two parties. It outlines the intent to negotiate final agreements but explicitly states that it is not legally binding, except for any non-disclosure provisions included. The template provides sections for background, proposed terms, and a non-disclosure agreement if applicable.
From
_____________________
_____________________
_____________________
_____________________
To
_____________________
_____________________
_____________________
_____________________
[date], 20[year]
RE: Letter of Intent for [purpose]
I am writing to formally express my/our intent regarding the proposed [specific action]. This Letter of Intent serves to outline the preliminary terms and conditions between [company/name] and [recipient's company/name] .
Background:\ ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Terms of Proposed Agreement:\ ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
This LOI reflects our mutual understanding up to this point and outlines our intent to proceed in good faith to negotiate the final agreements. Please note, this document is not legally binding except in terms of non-disclosure, and does not constitute a final agreement.
Non-Disclosure Agreement (if applicable):\ ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Conclusion:
We believe this initiative offers significant potential and are enthusiastic at the prospect of finalizing the details. We appreciate your consideration and look forward to your response by [deadline response], so we may proceed to formalize the agreement.
Thank you for your attention to this Letter of Intent. I/we am/are eager to discuss this further and reach a mutually beneficial agreement.
Sincerely,
[signature]
[attachment]
About this template
What is this template?
Letter of Intent - Free Legal Template is a free, ready-to-use Commercial law template you can open, customize, and download on GitLaw. It gives you a professionally structured starting point, so you never have to draft from a blank page. The wording is plain and modern, organized into clear sections that are easy to read, edit, and adapt to your own situation before you share or sign it.
When should you use it?
Reach for this Commercial law template whenever you need a reliable agreement quickly and want to be sure the essentials are covered. It suits individuals, freelancers, startups, and established businesses alike. Instead of paying for a document drafted from scratch, you can start here, tailor the details to your arrangement, and have a polished draft ready in minutes. Always review the final wording against the laws that apply where you live or do business.
What's typically included?
A well-drafted Commercial law usually sets out the parties involved, the scope of the agreement, and each side's rights and responsibilities. Expect sections covering key terms and definitions, how long the agreement lasts, how it can be ended, and what happens if something goes wrong. This template brings those building blocks together in a sensible order, so you can focus on the specifics rather than worrying about what to include. Open it to read the full document, then sign up to edit, negotiate, and e-sign it directly in GitLaw.