The letter of intent sample can serve as a good guide on how to draft a letter of intent. Organizations can use this letter in certain situations including the following. They can use it as a safeguard or form of security in case their agreement does not go well. They can also use the letter to make the points of their agreement clear. The other situation would be to declare the parties involved in the agreement.
Learn How to Construct a Letter of Intent. A letter of intent is a common way to express your intentions to purchase a property without having to write a formal, legal binding contract. The letter of intent is presented to a seller in the very preliminary stages of a project. The intentions of a buyer are spelled out clearly and simply so the seller knows exactly how the buyer wants to purchase the property, and under what terms.