Letters of intent are frequently used in business transactions, and just as frequently misunderstood. While they can be a useful means of memorializing the understanding of the parties to a transaction, letters of intent can also be traps for the unwary, occasionally leading to unintended consequences. This presentation will discuss the legal and practical considerations present in the negotiation and drafting of letters of intent from the buyer's and seller's perspective.

SAVE MONEY: Use the prepaid CLE credits that come with your TBA Complete Membership and take this course for free. Not a TBA member, join now to start saving