Letter of intent is used by a prospective buyer to make the seller confident that the buyer is interested in buying their product. The letter will clearly clarify the intent and the reason of purchase; why the buyer want to have the product.
Letter of intent is typically non-binding agreement, it will outline the specific actions and key points regarding the transaction which will finally take the both parties to the final formal contract.
There are benefits for using letter of intent to purchase template, one of them is to save time and resources of both the involved parties. Major purchase can take months to complete and letter of intent can be a solid foundation for laying out the conditions and the terms of the purchase agreement between both the seller and the buyer.
The letter of intent to purchase can be used for various occasions, it is usually used for the purchase of any major products like purchase of commercial estate, purchase of business, joint venture and many more.
If you are looking for ideas to create letter of intent to purchase, then you can view some inspirations and examples showcased below. Enjoy these examples and be inspired!