Legal Definition and Related Resources of Letter Of Intent

The phrase is ordinarily used to denote a brief memorandum of the preliminary understanding of parties who intend to enter into a contract . See Gartner Boyd, (D. C. Tex.)330 F.Supp. 22.

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Letter Of Intent in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Letter Of Intent in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Letter Of Intent in the Legal Abbreviations and Acronyms Dictionary.

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Letter of Intent Definition (in the Accounting Vocabulary)

The New York State Society of Certified Public Accountants offers the following definition of Letter of Intent in a way that is easy for anybody to understand: Any letter expressing an intention to take an action, sometimes subject to other action being taken.

Concept of Letter of Intent in the context of Real Property

A short definition of Letter of Intent: A formal method of stating that a prospective developer, buyer, or lessee, is interested in property. Not an offer and creates no obligation. However, a builder who wants to build an office building, for example, may influence a lender by showing letters of intent from major prospective tenants.

Concept of Letter of Intent in the context of Real Property

A short definition of Letter of Intent: A formal method of stating that a prospective developer, buyer, or lessee, is interested in property. Not an offer and creates no obligation. However, a builder who wants to build an office building, for example, may influence a lender by showing letters of intent from major prospective tenants.