Hansra LawToronto, ON · August 31, 2026What Should I Write in My Letter of Intent?
You’re ready to make an offer on a business. What actually goes in the letter of intent? More than price. A good LOI sets the deal structure, the deposit, the conditions, the exclusivity period, and the timeline, and it decides which of those promises bind you and which stay negotiable. Get it right and the rest of the deal runs on rails you laid down. Get it wrong and you spend the next three months negotiating uphill against your own signature. This guide walks through each section of a strong LOI and what it should say, in plain language, with the buyer’s leverage protected.
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