Free letter of intent,
signal commitment before the deal.
Generate a complete LOI with deal terms, exclusivity, confidentiality, binding vs non-binding clauses, and timeline. AI-reviewed and eSigned in minutes.
What should a letter of intent include?
A letter of intent should outline the key terms of a proposed deal, specify which provisions are binding (e.g. confidentiality and exclusivity) and which are not, set a timeline for due diligence, and define the next steps toward a formal agreement. LegittAI generates all key provisions and flags clauses that could inadvertently create binding obligations.
- Deal terms & key commercial points
- Exclusivity & no-shop provisions
- Binding vs non-binding clause control
- AI flags unintended binding obligations
- One-click eSign — free forever
Everything you need for
Free Letter of Intent Template
Purpose-built AI capabilities for this exact use case — not a generic tool adapted for contracts.
From start to signed
in three steps.
No legal expertise needed. LegittAI handles the complexity — you handle the decisions.
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FAQ
Questions about
Free Letter of Intent Template
Straightforward answers. No marketing fluff.
Is a letter of intent legally binding in India?
It depends on how it is drafted. Specific provisions like confidentiality and exclusivity can be made binding while the rest remains non-binding. LegittAI flags which clauses in your LOI are likely to be treated as binding.
What is the difference between an LOI and an MOU?
Both express intent before a formal agreement. An LOI is typically used in commercial deals, acquisitions, and real estate. An MOU is more common for partnerships and collaborations. LegittAI offers both templates.
Should an LOI include an exclusivity clause?
Yes, especially in M&A transactions. An exclusivity or no-shop clause prevents the seller from negotiating with other buyers during the due diligence period. LegittAI flags if this is absent.
How long should a letter of intent exclusivity period last?
Typical LOI exclusivity periods run 30–90 days depending on deal complexity. LegittAI lets you set any period and flags if the timeline seems insufficient for the proposed due diligence scope.
Is my LOI data secure on LegittAI?
Yes. All data is AES-256 encrypted. LegittAI is SOC 2 Type II and ISO 27001 certified. We never train AI models on your contract data.
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Free letter of intent,
signal commitment before the deal.
15-day free trial — unlimited eSign, Deal terms & key commercial points, 500+ templates. No card needed. Most teams see ROI in their first week.