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EST. 2025 · Free LOI Generator — Last reviewed May 2, 2026

A professional
Letter of Intent★
in two minutes.

Free, lawyer-reviewed templates for business, real estate, employment, and academic use cases. Fill the form, preview live, download as PDF or editable Word. No signup. No paywall.

Choose your template What is an LOI?
100% free, forever PDF + Word output No email required
§ 01 — Templates

Six specialized
LOI templates.

Each template is tailored to the language, contingencies, and customary terms for its specific transaction type. Choose your situation and start generating.

01 / 06

Business Purchase Most popular

For mergers, acquisitions, and asset purchases. Includes price, due diligence, and exclusivity terms.

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02 / 06

Real Estate

For property purchases and commercial leases. Covers earnest money, financing, and inspection contingencies.

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03 / 06

Employment

Express formal interest in a position. Pairs naturally with a resume or recommendation letter.

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04 / 06

Graduate School New

For grad programs, fellowships, and academic admissions. Communicate your research goals and fit.

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05 / 06

Commercial Lease

For office, retail, and industrial leases. Specifies rate per sq ft, term length, and TI allowances.

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06 / 06

Scholarship

For scholarship and grant applications. Articulate financial need, achievements, and goals.

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§ 02 — Process

How it works.

From blank page to signed PDF in three steps. The form fields update the live preview as you type — no surprises when you download.

I

Pick your type

Choose from six specialized LOI templates — business, real estate, employment, and more.

II

Fill the form

Enter parties, terms, and conditions. The preview updates live as you type.

III

Download & sign

Export to PDF or editable Word. Print, sign, or send digitally for e-signature.

§ 03 — Primer

What exactly is a Letter of Intent?

Every LOI should include

  • Identification of parties
  • Subject of the deal
  • Proposed financial terms
  • Timeline and key dates
  • Contingencies
  • Confidentiality clause
  • Exclusivity (if any)
  • Binding vs. non-binding

A Letter of Intent is a preliminary, usually non-binding document that records the principal terms of a deal before a formal contract is drafted. It functions as a structured handshake — substantive enough to align both parties on price, timing, and conditions, but light enough that either side can still walk away during diligence.

LOIs are most commonly used in mergers and acquisitions, real estate transactions, commercial leases, and academic or employment contexts. While they typically don't bind the parties to the underlying transaction, specific clauses inside an LOI — confidentiality, exclusivity, governing law, expense allocation — are routinely drafted to be enforceable.

Read the complete guide to drafting effective Letters of Intent →

§ 04 — Common questions

Frequently asked.

Practical answers to the questions we hear most often. For deeper guidance, see the full guide or consult an attorney for high-value transactions.

Q.01 Is a Letter of Intent legally binding?
Generally, no. An LOI is a non-binding document that signals serious intent and outlines the proposed terms before a formal contract is drafted. However, certain provisions inside an LOI — such as confidentiality, exclusivity, or expense allocation clauses — can be made legally binding if the parties expressly agree. Always include a clause that states which provisions are binding and which are not.
Q.02 What is the difference between a Letter of Intent and a contract?
A contract is a fully binding agreement enforceable in court. A Letter of Intent is a preliminary document that outlines the framework of a future contract — it shows commitment and aligns both parties on key terms but typically reserves the right to walk away during due diligence. Think of an LOI as the handshake before the marriage; the contract is the marriage itself.
Q.03 Do I need a lawyer to write a Letter of Intent?
For straightforward situations — a job application, a small lease, a low-stakes purchase — our free template is sufficient. For high-value transactions like business acquisitions, mergers, or commercial real estate deals, we strongly recommend having an attorney review the LOI before you sign. Even non-binding LOIs can create legal obligations if drafted carelessly.
Q.04 Can I edit the document after downloading it?
Yes. Every LOI we generate is delivered in both PDF and editable Word (.docx) format. Open the Word version in Microsoft Word, Google Docs, or any word processor to make changes, add company logos, or adjust formatting before sending it to the other party.
Q.05 How long should a Letter of Intent be?
Most effective LOIs are between one and three pages. Long enough to cover all material terms — parties, price, timeline, key contingencies, confidentiality — but short enough to read in a single sitting. Avoid copying full contract language; the LOI is a summary, not the final agreement.
Q.06 Is your LOI generator really free?
Yes. No signup, no email required, no paywall. Generate, preview, and download as many Letters of Intent as you need at no cost. We earn revenue from optional related services on partner pages — never from gating the templates themselves.
Q.07 What information do I need before I start?
For most LOIs you should have ready: the legal names and addresses of both parties, a clear description of the subject (property, business, role, or position), proposed financial terms (price, salary, lease rate), the timeline you propose, and any contingencies that must be satisfied before closing.

Ready to draft your Letter of Intent?

Pick a template, fill it out, download. No account, no email, no nonsense — just a clean, signable document in two minutes.

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