Non-binding Letter of Intent Template

Non-binding Letter of Intent Template

A Non-Binding Letter of Intent is used by businesses when writing contracts or agreements for parties who wish to share information with one another. This type of letter is often used alongside a binding letter, and the non-binding letter will not contain any wording that can be used in a legally binding situation.

Alternate Name:

  • Non Binding Letter of Intent

A Non-Binding Letter of Intent template is available for download below.

To write a Non-Binding Letter of Intent you will want to include the following information:

  1. Date.
  2. Opening salutation with the party's name.
  3. An introductory statement clarifying that this letter serves as a non-binding agreement between the parties detailed in this letter.
  4. Terms and conditions that both parties agree to serve in a good-faith manner.
    • This can entail agreeing to share information between the parties to benefit the contract or project.
    • Financial transaction dates so that a party can be expected to be paid for services and how often to expect each payment.
    • Potential purchase prices for services or property so each party can establish a budget for the duration of the agreement.
  5. A final signature section between all parties, again acknowledging that this is not a legally binding document.

Haven't found the template you're looking for? Take a look at the related templates and samples below:

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