Send Via Email Legal Missouri Letter Of Intent Forms For Free

A letter of intent (LOI) is used to declare a person or party's intent to commit to a certain act. In a business setting, an LOI outlines the preliminary terms of an agreement and typically includes a requirement that a formal contract must be written within a specified timeframe.

Can a Letter of Intent be Broken? Yes, it is possible to break a letter of intent. Violating an agreement could result in civil or criminal charges depending on the wording and nature of the letter itself. If one party does not adhere to the letter's conditions, the other can sue for breach of contract.

Letters of intent are not legally binding, and don't extend full legal protection to contractual parties. However, if not stated clearly, they can become legally binding, might not always be desirable?especially if the agreement is still pending approval by both parties.

Your letter of intent can be typed or written out by hand and sent by email or by physical mail. A handwritten note sent physically can add a nice, personal touch that stands out, but there's only a short window to send the letter, so this may not be feasible.

So, an email can be used as a legally binding contract, as long as: The terms and conditions of the contract are clearly set out. There is evidence that all parties agree to the terms and conditions. Any payment or rewards are detailed.

So, the answer to 'is an email a legal document? ' is a resounding yes, providing all of the correct elements of a contract are in place. So, the next time you send an email, consider the language that you use and ensure that you are covered by including the phrase 'subject to contract' alongside any negotiations.