Sample Letter Of Intent To Purchase Assets

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LETTER OF INTENT
TO PURCHASE ASSETS
(indicate method of delivery)
............................ (city), ............................, 20...
............................ (name)
............................ (title)
............................ (business name)
............................ (address)
............................ (city), .......... (province)
............................ (postal code)
Re:
............................ (description of the contemplated transaction)
Dear Mr.[Ms.] ............................,
This letter is further to our recent discussions and is based on the information that has been forwarded to us
regarding ............................ (identify business), hereinafter the “BUSINESS.” We, the undersigned, are
pleased to confirm our interest in submitting to you an official offer for the acquisition of the main assets of
the BUSINESS.
Notwithstanding the terms used in this letter of intent, it must under no circumstances be interpreted or
construed as a formal offer to purchase, as we have not yet received sufficient information to make such an
offer. As detailed in the pages that follow, a formal offer could be signed depending on how negotiations
progress and on compliance with the terms and conditions set out herein.
1.00
PURCHASE OF ASSETS
1.01
Subject Assets
Subject to the terms and conditions provided herein, the offer to purchase would relate to
the following property:
(a)
a building fronting on ............................ Street, in the City of ............................;

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