A simple, one-page cover letter is crucial to explaining your offer's basic details. It will help the average person see past any confusion they might have.BUYER'S OFFER: The undersigned,. This page explains the entire offer process, including: 1. Understanding Purchase Offer Documents It is CRUCIAL that you: Michigan Free Letter of Intent ( LOI ) Template. Utilize our Letter of Intent to formally express your desire to buy a product or service. THIS OFFER TO PURCHASE REAL PROPERTY (the "Offer") is entered into between. Use a Business Bill of Sale to set out the terms for the sale of a business and transfer the ownership and all assets to the buyer. The letter below is a sample of a Michigan "Notice of Intent" to sell franchises that must be filed with, and accepted by, the state.