Thinking about selling your business or a piece of real estate? You’ll likely need to start with a Letter of Intent (LOI), so ...

A letter of intent, or LOI, Jones says, “outlines the basic terms of a proposed contract, lease or option (and is) sent to the property owner in hopes that an eventual agreement will be accepted.

Contracts can be called a number of names: agreement, contract, letter of agreement, letter of intent, memorandum of understanding ... personal information review by the OGC and Archives & Records ...