Search results
Results from the WOW.Com Content Network
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 requires a formal contract to be written within a specified timeframe.
A job letter of intent is attached to a resume and serves as an introduction of an applicant to a company. The goal is to demonstrate why the candidate is well-suited for a position while expressing genuine enthusiasm for the company's mission.
A school letter of intent is a cover letter that introduces an applicant to a committee reviewing school applications. It is used to personalize and provide framing for the other documents in a school application. The letter should include the applicant's personal story and/or academic and extra-curricular achievements and accolades.
A real estate letter of intent (LOI) is a non-binding agreement that outlines the terms of a sale or lease contract. Once a letter of intent is signed, it becomes a legally binding contract, commonly in the form of a purchase agreement or lease agreement.
A business purchase letter of intent outlines a proposed purchase arrangement between a buyer and seller. At the discretion of the buyer and seller, the letter may be considered binding. However, the letter usually sets up the framework of a formal agreement that will be drafted at a later time.
A commercial lease letter of intent is a document that summarizes the leasing terms for commercial property, which is reviewed prior to the execution of a formal agreement. The principal function of the letter is to prove that the tenant is a serious renter and to inform each party of the major details of the rental arrangement.
A letter of intent to marry is a declaration of a couple's intention to marry one another within 90 days of arriving in the United States. The letter of intent is required as part of the application process for a K-1 Visa when an American citizen intends to marry a foreigner.
A transfer department letter of intent is written by an employee to formally request a transfer to another part of the organization where they are employed. Transfer letters are intended to be persuasive and informative, highlighting why a transfer would benefit the company and what the employee has accomplished to deserve their requested position.
A national letter of intent (NLI) is a form completed by student-athletes that indicates a prospective student's commitment to play sports at a particular NCAA college and university. Although this document is not required for eligibility, submitting an NLI will ensure certainty in the recruiting process.
A business proposal letter of intent (LOI) is a document used to make a basic offer of an investment. The offer will be a monetary contribution towards partial business ownership, partnership, or real estate ownership.