A lot of parents decide to homeschool their kids instead of sending them to public school. To get started, a letter or notice of intent to homeschool is often the first step in filing paperwork.

Q: We have probably found a buyer for our agency, and he would like to have us sign a letter of intent. What exactly is a letter of intent? Is it binding? If not, do we even need a letter of intent?

A letter of intent is often used to confirm the mutual understanding of a prospective deal — in other words, the prelude to a full-blown agreement. All parties involved, however, should be aware that ...

In acquisitions of privately held companies, an acquisition letter of intent/term sheet is often entered into by both parties. The purpose of the letter of intent is to ensure there is a “meeting of ...

Once a business owner has identified a prospective purchaser of his or her business, a letter of intent will typically be entered into. All too often, merger and acquisition (M&A) lawyers are engaged ...

LOIs start negotiations and clarify initial deal points but are not legally binding. Common in real estate and M&A, LOIs signal readiness to engage in due diligence. Terms in an LOI often evolve as ...

A letter of intent must be submitted with other required admissions materials. The letter of intent serves as an indicator of the applicant’s proficiency in writing. The admissions committee will be ...