Choose what your letter of intent is for, a job, graduate school, a business deal or a commercial lease, and fill in the details. The letter is written and formatted as you type, with numbered terms, a non-binding clause and an acceptance block for deals and leases.
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You edited the letter, so form changes no longer update it. Press Generate letter to rebuild it.
Highlighted text marks details still to fill in. This is a template, not legal advice; have a lawyer review business and lease letters before signing.
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How to use the Letter of Intent Generator
Choose the purpose: job, graduate school, business deal or lease. Press Load example to see a complete sample.
Enter your details and the recipient's: names, titles, organization and addresses.
Fill in the purpose-specific fields, such as the position and skills, the program and goals, the price and due diligence period, or the rent and lease term.
Pick the options: date style, and for deals and leases the non-binding, confidentiality and acceptance clauses.
Review the letter, fill any highlighted gaps, then copy it, download a Word file or print it to PDF.
What goes into each type of letter of intent
Type
Main purpose
Key contents
Binding?
Job
Express interest in working for an organization, often without an advertised opening
Role or area, experience, skills, an achievement, why this employer, availability
No
Graduate school
State your intent to apply and your goals (a short statement of purpose)
Program and term, background, interests, experience, why this program, career goal
No
Business deal
Outline the main terms of a purchase, partnership, supply deal or investment
Parties, price and payment, due diligence, conditions, closing date, exclusivity, costs, expiry
Usually non-binding, except confidentiality and exclusivity
Commercial lease
Propose lease terms before the landlord drafts a lease
When you enter an annual increase, the lease letter lists the monthly rent for each year of the term:
Rent in year n = starting monthly rent × (1 + increase %)n − 1
Year
$5,200/month at 3% per year
Annual rent
1
$5,200.00
$62,400.00
2
$5,356.00
$64,272.00
3
$5,516.68
$66,200.16
4
$5,682.18
$68,186.16
5
$5,852.65
$70,231.80
Over five years that is $331,290.12 in base rent, compared with $312,000 at a flat $5,200. Fixed annual increases of 2–5% are common in commercial leases; some leases instead tie increases to an inflation index.
This tool produces a starting template, not legal advice. For business purchases and leases, ask a lawyer to review the letter before you sign or send it.
Frequently asked questions
What is a letter of intent?
A letter of intent (LOI) is a document that states one party's intention to do something with another: apply for a job or program, buy a business, form a partnership or lease a property. For deals and leases it outlines the main terms before a full contract is drafted, so both sides can confirm they agree on the essentials.
Is a letter of intent legally binding?
Usually not, but it depends on the wording. Most business and lease LOIs state that they are non-binding except for specific clauses such as confidentiality and exclusivity, which are binding. Courts can treat an LOI as binding if it reads like a final agreement, so always include a clear non-binding clause and have a lawyer review the letter before signing.
What is the difference between a letter of intent and a cover letter?
A cover letter usually responds to a specific advertised job. A job letter of intent is often sent to an organization you want to work for even when no position is posted, expressing your interest in a role or area. In graduate admissions, letter of intent is another name for a statement of purpose, sometimes shorter and more focused on your goals.
What should a business letter of intent include?
The parties, the transaction (what is being bought, invested or agreed), the price or amount and how it will be paid, a due diligence period, key conditions, a target closing date, any exclusivity period, who pays costs, confidentiality, a non-binding statement and an expiry date for the offer.
What should a lease letter of intent include?
The premises and size, permitted use, lease term and start date, base rent and annual increases, security deposit, any rent-free period, landlord improvements, renewal options and contingencies such as permits. The tool also writes out the rent for each year when you enter an annual increase.
How is the rent schedule calculated?
Each year's monthly rent equals the starting rent × (1 + annual increase)^(year − 1). For example, $5,200 per month with a 3% annual increase gives $5,356 in year 2 and $5,516.68 in year 3.
Is my information saved or uploaded?
Nothing is uploaded. The letter is generated in your browser, and your answers for each letter type are remembered only in this browser so you can come back to them.
Are all the tools on FreeToolCabin tested for quality and accuracy?
Yes! Every tool on our site undergoes automated Q/A testing in real browser environments to ensure high precision, correct output, and zero errors. If you happen to spot a bug or have a suggestion, please contact us at [email protected] and our team will review it right away.