Cell Tower Leasing _ Letters of Intent. The latest cell tower leasing trick we have encountered is tower companies that are using "Letters of Intent" as a tool to unwittingly get property owners to sign what they believe to be a harmless letter. Some people are led to believe that this is "just a way for us to lock in these terms with our bosses" or "just a letter of understanding so that we can investigate using the site". Well these letters are not simple but I can tell you what they are in many cases....legally binding!
The Significance of a Letter of Intent Sample. A letter of intent shows the information that parties have agreed on so that the information is clear to them. The use of this type of letter is widespread and it is almost like a written contract but it is not binding. It states that a person or organization intends to take part in a certain action. If a person or organization wants to get a guide on how to make a good letter of intent, they can get a letter of intent sample, which is available at many online sites.