The letter of intent is a document that outlines an anticipated purchase agreement between two or more parties before contracts are finalized. This is similar to a term sheet and may also be referred ...

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 ...

Letters of intent, or LOIs, serve an important purpose in corporate deals and M&A, and their use is widespread. Equally widespread is litigation concerning their enforceability. Unless commercial ...

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 ...

In our last installment, we discussed some of the initial steps involved in the process of selling a dental practice, including preparing your practice for sale and finding a potential suitor.

Forbes contributors publish independent expert analyses and insights. I’m an investment sales broker and real estate investor based in NYC. When buying property, to submit the most serious offer, it’s ...