Letter Of Intent To Sell Template

You can open the Letter Of Intent To Sell Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Letter Of Intent To Sell Template

Printable | Editable Form



Examples


Letter Of Intent To Sell Template (1)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This Letter of Intent (LOI) outlines the preliminary understanding between the Seller and the Buyer regarding the potential sale of [Describe Asset or Business].
Section 1: Purpose of LOI
The purpose of this LOI is to set forth the terms and conditions under which the Seller intends to sell and the Buyer intends to purchase the aforementioned asset.
Section 2: Description of the Asset
The Seller agrees to sell and the Buyer agrees to purchase the following asset: [Provide detailed description of the asset, including any pertinent details that may be relevant to the sale].
Section 3: Proposed Purchase Price
The proposed purchase price for the asset is [Insert Amount], which shall be payable in the following manner: [Describe payment terms, including deposit and due dates].
Section 4: Confidentiality
Both parties agree to maintain confidentiality of all proprietary information exchanged in connection with this LOI and subsequent negotiations.
Section 5: Due Diligence
The Buyer shall have [Specify number of days] days from the date of this LOI to conduct due diligence on the asset, including financial and operational assessments, to verify the information provided by the Seller.
Section 6: Binding Effect
This LOI is non-binding and serves only as a statement of present intention. Any binding agreement will be subject to the negotiation and execution of a definitive purchase agreement.
Section 7: Governing Law
This LOI shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
Letter Of Intent To Sell Template (2)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This Letter of Intent serves to formalize the intention between the Seller and the Buyer regarding the sale of [Describe Asset or Business], effective as of [Start Date].
Section 1: Intent to Negotiate
The Seller intends to negotiate exclusively with the Buyer regarding the sale of the asset outlined in this LOI for a period of [Specify period].
Section 2: Details of the Asset
The Seller agrees to sell, and the Buyer agrees to purchase, the following asset: [Detailed description, including financial statements, inventory, etc.].
Section 3: Purchase Price and Payment
The tentative purchase price for the asset is [Insert Amount], payable in installments as follows: [Detail payment plan].
Section 4: Conditions Precedent
The closing of this transaction is contingent upon [List any conditions that must be met before the sale can proceed].
Section 5: Non-Disclosure Agreement
Both parties agree to execute a Non-Disclosure Agreement to protect the confidentiality of the transaction.
Section 6: Future Agreements
This LOI serves as a basis for negotiating further agreements, including a formal purchase and sale agreement to be drafted and executed thereafter.
Section 7: Legal Compliance
Both parties agree to comply with all applicable laws and regulations concerning the sale.
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]

Format

Please complete the form below to create the Letter Of Intent To Sell Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Letter Of Intent To Sell Template

1. Seller Information


2. Buyer Information


3. Description of the Property/Business

4. Purchase Price

5. Terms of Sale

6. Due Diligence Period

7. Contingencies

8. Confidentiality Agreement

9. Non-Binding Agreement Statement

10. Signatures and Acceptance

11. Declaration and Signatures




PDF


WORD

Google Docs

Printable

Letter Of Intent To Sell Template

Printable | Editable Form




Letter Of Intent To Sell Template