In the world of business negotiations, the letter of intent (LOI) has emerged as a vital tool for laying the groundwork before formal agreements are signed. Though most terms are typically nonbinding, ...

Arizona readers Sandy and Jim, both 80, sent me this email with an offer they almost accepted: “We own 100 acres of land ideal for a solar farm and just received a letter of intent (LOI) from a San ...

Receiving a Letter of Intent or Indication of Interest (LOI) from a prospective buyer often brings a sense of excitement and validation for a business owner because it signals that all the hard work, ...