Letter of Intent to Purchase Shares of a Business

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This Letter of Intent to Purchase Shares of a Business effectively sets forth a buyer's intention to purchase a business. This letter sets forth the type and name of the business and the corporation who owns the business and whose shares will be purchased.

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This Letter of Intent to Purchase Shares of a Business outlines your intent to purchase the shares of a business. This intent letter sets out the name of the buyer, business whose shares will be purchased and the total number of shares to be purchased from the corporation who owns the business. It also includes the total purchase price, closing date and preparation of a formal purchase agreement. It is vital that this intent to purchase be clearly set out in writing. A written Letter of Intent to Purchase All Shares of a Business will be beneficial in the event of disagreements, misunderstandings or litigation.

This Letter of Intent to Purchase Shares of a Business includes:
  • Parties: Identity of the buyer, business whose shares will be purchased and a brief description of the business;
  • Structure: Sets forth the structure of the transaction including the name of the corporation who owns the business;
  • Purchase Price: Sets forth the exact purchase price and the portion allocated to equipment and leasehold improvements and that allocated to goodwill;
  • Representations and Warranties: Spells out all representations and warranties made by each party;
  • Signatures: The buyer must sign the letter and seller must sign confirming receipt of the letter of intent.

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This attorney-prepared packet contains:
  1. General Information
  2. Letter of Intent to Purchase Shares of a Business
State Law Compliance: This form complies with the laws of all states
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages5
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28520
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
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