Sample Letter Of Intent For University Program Some purchasers will want to skip the LOI and instead submit a full buy contract. They figure, must they pay their legal professional to draw up both papers. But a purchase contract takes a significant amount of time and law firms fees to draft. After the buyer has made this huge investment in legal fees, that puts a lot of pressure to them that is detrimental to the fighting for process. If your most qualified customer submits a Letter Involving Intent that includes a lower price plus more generous terms than you got wanted or a less experienced buyer has submitted an even more attractive LOI, then the time has come to negotiate with the tougher prospect.
Sample Letter Of Intent For University Program With any luck ,, by this point you have developed multiple prospect. If you receive LOI s from more than one potential client don’t just accept the main one with the highest price. Make sure you take into account all the details of the give as well as the qualifications and record of the buyer. This is especially true should you be financing part of the sale : getting a slightly higher price tag from a weaker buyer who all runs the business into the surface and then doesn’t pay you is definitely of no benefit.