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The significance of the letter of intent is also seen in the real estate field for it can tell a property owner of a person wishing to buy. It can also play a significant role in cases of disabled persons whose parents have passed on by showing the intention of the parents to the child.

The Letter of intent / LOI is a document that many refer to, but actually is poorly understood. Without proper understanding of the document you might find yourself making mistakes in your business that will cause you great embarrassment.Few traders and brokers realize that the Letter of Intent is not a standard document in International Trade.

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