The Letter of Intent to Sell is a crucial preliminary document in Austrian business practice, typically used when parties have reached a general understanding about a potential sale but need to formalize their intentions before proceeding with detailed due diligence and final documentation. Under Austrian law, while the main commercial terms in a Letter of Intent to Sell are usually non-binding, certain provisions such as confidentiality and exclusivity can be made explicitly binding. The document serves multiple purposes: it demonstrates serious intent, provides a framework for negotiations, outlines the proposed transaction structure, and establishes ground rules for the due diligence process. It's particularly important in complex transactions where significant time and resources will be invested in detailed investigations and negotiations before reaching a final agreement.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Date and Parties: Full legal names and addresses of both the potential seller and potential buyer
2. Subject Matter: Clear identification of the property or business to be sold, including all relevant details and specifications
3. Proposed Purchase Price: Indication of the proposed purchase price or price range, including any preliminary payment terms
4. Timeline: Proposed timeline for due diligence, negotiation, and intended completion of the final sale
5. Due Diligence: Overview of the proposed due diligence process and access to information
6. Confidentiality: Binding provisions regarding the confidential treatment of information exchanged
7. Non-Binding Nature: Clear statement that the letter (except for specific provisions) is non-binding and subject to final agreement
8. Closing Formalities: Signature blocks and contact details for further communication
1. Exclusivity Period: Optional binding provision preventing the seller from negotiating with other parties for a specified period
2. Break Fee: Optional provision for compensation if either party withdraws from negotiations under specific circumstances
3. Conditions Precedent: Key conditions that would need to be satisfied before proceeding with the final sale
4. Governing Law and Jurisdiction: While Austrian law is applicable, explicit confirmation and jurisdiction details may be included if parties are from different countries
5. Cost Allocation: Optional provisions regarding who bears the costs of due diligence and preparation of final documentation
6. Material Terms: Outline of other key terms expected to be included in the final agreement
1. Property Description Schedule: Detailed description of the property or business being sold, including specifications, inventory, or property boundaries
2. Due Diligence Checklist: List of documents and information to be provided during the due diligence phase
3. Timeline Schedule: Detailed timeline with specific milestones and deadlines for the transaction process
4. Price Calculation Appendix: If the price structure is complex, detailed breakdown of price components and calculation methodology
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Manufacturing
Retail
Technology
Professional Services
Construction
Healthcare
Hospitality
Industrial
Agriculture
Energy
Transportation
Financial Services
Relevant Teams
Legal
Finance
Business Development
Corporate Development
Real Estate
Mergers & Acquisitions
Strategy
Operations
Commercial
Risk Management
Compliance
Asset Management
Relevant Roles
Chief Executive Officer
Managing Director
Chief Financial Officer
Legal Counsel
Business Development Manager
Corporate Development Director
Real Estate Manager
Mergers & Acquisitions Director
Property Manager
Investment Manager
Commercial Director
Head of Strategy
Asset Manager
Operations Director
Transaction Manager
Find the exact document you need
LOI Purchase
An Austrian-law governed Letter of Intent outlining preliminary terms and conditions for a proposed purchase transaction, serving as a framework for further negotiations.
find out more
Formal Letter Of Interest
An Austrian-law governed formal business document expressing preliminary interest in a business opportunity or transaction, structured to comply with Austrian legal requirements while maintaining a non-binding nature.
find out more
Formal Letter Of Intent
An Austrian law-governed preliminary document outlining proposed transaction terms and conditions, setting the framework for definitive agreement negotiations.
find out more
Joint Venture LOI
Austrian law-compliant Letter of Intent template for establishing preliminary terms of a joint venture, including key binding and non-binding provisions.
find out more
Letter Of Intent For University Admission
A formal declaration of intent to enroll in an Austrian university program, following local higher education regulations and requirements.
find out more
Grant LOI
An Austrian-law governed preliminary document outlining intended terms and conditions for a proposed grant arrangement, serving as a formal expression of interest from a funding organization.
find out more
Cover Letter Of Intent
An Austrian-law governed preliminary document expressing intended terms and conditions for a proposed business transaction, typically non-binding except for specific provisions.
find out more
Contract Of Intent
An Austrian law-governed preliminary agreement outlining parties' intentions to enter into a future contract, establishing negotiation framework and interim obligations.
find out more
LOI Project
An Austrian law-governed Letter of Intent (LOI) establishing preliminary terms and framework for a proposed project, combining binding and non-binding provisions.
find out more
Letter Of Intent For Research Proposal
An Austrian-compliant preliminary document expressing formal interest in conducting a research project, outlining basic terms and conditions for future collaboration.
find out more
LOI Business
An Austrian law-governed preliminary business agreement outlining key terms and conditions for proposed transactions, with both binding and non-binding elements.
find out more
Letter Of Intent To Pay
An Austrian law-governed formal document declaring a binding commitment to pay a specified amount, outlining payment terms and conditions.
find out more
Loi (Real Estate)
An Austrian law-governed Letter of Intent outlining preliminary terms and conditions for a proposed real estate transaction, establishing framework for negotiations and due diligence.
find out more
Loi In (Construction)
An Austrian law-governed Letter of Intent for construction projects, establishing preliminary terms and conditions while maintaining compliance with local construction regulations.
find out more
LOI For Purchase
An Austrian law-governed preliminary document outlining proposed terms and conditions for a purchase transaction, serving as a framework for negotiations and future definitive agreements.
find out more
LOI For Property Purchase
An Austrian law-governed Letter of Intent outlining key terms and conditions for a proposed property purchase, serving as a framework for the final purchase agreement.
find out more
Loi Commercial (Real Estate)
An Austrian law-governed Letter of Intent for commercial real estate transactions, outlining preliminary terms and conditions for property deals.
find out more
Letter Of Intent (Finance)
An Austrian-law governed preliminary document outlining proposed terms and conditions for financial transactions, serving as a framework for further negotiations while incorporating local regulatory requirements.
find out more
LOI For Grants
An Austrian-law governed preliminary document outlining the proposed terms and conditions for grant funding between a grantor and potential recipient.
find out more
Letter Of Intent To Sell Vehicle
An Austrian law-compliant preliminary document outlining the intended terms and conditions for a vehicle sale transaction, serving as a precursor to the final sales contract.
find out more
Business Sale Letter Of Intent
An Austrian law-governed preliminary agreement outlining key terms and conditions for a proposed business sale, setting the framework for final negotiations and due diligence.
find out more
Letter Of Intent To Participate In Project
An Austrian law-governed preliminary document expressing formal interest in project participation, outlining basic terms while maintaining flexibility for future negotiations.
find out more
Letter Of Intended Use
An Austrian law-governed formal declaration document specifying how a party intends to use a property, asset, or right, serving as a legally binding statement of planned utilization.
find out more
Bank Letter Of Intent
An Austrian-law governed preliminary banking document expressing intent to provide financing or banking services, subject to conditions and further due diligence.
find out more
LOI Purchase Agreement
An Austrian law-governed preliminary agreement outlining key terms and conditions for a proposed purchase transaction, serving as a framework for negotiations and due diligence.
find out more
Simple Letter Of Intent
An Austrian law-governed Letter of Intent outlining parties' intentions to enter into a formal agreement, establishing preliminary terms while maintaining negotiation flexibility.
find out more
LOI For Business Purchase
An Austrian law-governed Letter of Intent outlining proposed terms and conditions for a business acquisition, serving as a framework for negotiations and due diligence.
find out more
Letter Of Interest (Real Estate)
An Austrian-law governed preliminary document expressing formal interest in purchasing real estate, outlining basic terms and conditions for potential property acquisition.
find out more
Non Binding Offer
An Austrian law-compliant Non-Binding Offer document that presents proposed business terms without creating legal obligations.
find out more
Non Binding Letter Of Intent
An Austrian law-governed preliminary document outlining intended business transaction terms while maintaining non-binding status.
find out more
Letter Of Interest
An Austrian-law governed Letter of Interest expressing preliminary business interest while outlining key terms and conditions for potential transaction or cooperation.
find out more
Letter Of Intent Startup
An Austrian-law governed Letter of Intent outlining preliminary terms and conditions for startup investment or collaboration, establishing framework for negotiations while maintaining legal compliance.
find out more
Letter Of Intent Job Offer
An Austrian law-compliant preliminary employment offer document outlining key terms and conditions of proposed employment.
find out more
Letter Of Intent Film Production
An Austrian-law governed preliminary agreement outlining basic terms and intentions between parties for a potential film production project.
find out more
Letter Of Intent Cooperation
An Austrian law-governed Letter of Intent outlining proposed cooperation between parties, setting preliminary terms and framework for future collaboration.
find out more
Letter Of Intent
A preliminary document under Austrian law outlining key terms and understanding between parties in a potential business transaction, typically non-binding except for specific provisions.
find out more
Letter Of Intent Salary
An Austrian-law governed preliminary document outlining proposed salary and basic employment terms before a formal employment contract.
find out more
Letter Of Intent For Training
An Austrian-law governed preliminary document outlining intended training arrangements between parties, setting framework for future formal agreement.
find out more
Letter Of Intent For Leave Of Absence
A formal document under Austrian labor law that outlines an employee's intention to take an extended leave of absence from their employment, including key details about the leave period and arrangements.
find out more
Letter Of Intent Business Partnership
An Austrian-law governed preliminary document outlining intended business partnership terms and framework for future collaboration negotiations.
find out more
Letter Of Intent To Sell
An Austrian law-governed preliminary document outlining proposed terms and conditions for a potential sale transaction, combining non-binding commercial terms with specific binding obligations.
find out more
Non Binding Letter Of Intent To Purchase Business
An Austrian law-governed preliminary document outlining proposed terms for a potential business acquisition while maintaining a non-binding nature.
find out more
LOI Purchase Order
An Austrian law-governed Letter of Intent Purchase Order outlining preliminary terms and conditions for a proposed purchase of goods or services.
find out more
Letter Of Intent To Rent
An Austrian-compliant preliminary document expressing formal intent to rent a property and outlining proposed rental terms, serving as a precursor to a binding rental agreement.
find out more
Letter Of Intent To Purchase Software
A preliminary document under Austrian law expressing intent to purchase software, outlining key terms and conditions while maintaining certain binding provisions like confidentiality.
find out more
Letter Of Intent To Purchase Equipment
An Austrian law-governed preliminary document expressing intent to purchase equipment, outlining basic terms and conditions for the proposed transaction.
find out more
Letter Of Intent To Participate
An Austrian-law governed formal expression of intent to participate in a specific project or opportunity, outlining basic terms and conditions of intended participation.
find out more
Letter Of Intent From Potential Customers
An Austrian law-governed preliminary document expressing a potential customer's interest in entering into a business relationship, outlining key terms and next steps.
find out more
Letter Of Intent For Startup Business
An Austrian-law governed Letter of Intent outlining preliminary terms and conditions for startup business negotiations or investment, with specific binding and non-binding provisions.
find out more
Letter Of Intent For Sponsorship
An Austrian-law governed preliminary document outlining proposed sponsorship terms and conditions, serving as a precursor to a formal sponsorship agreement.
find out more
Letter Of Intent Private Equity
An Austrian law-governed preliminary agreement outlining key terms and conditions for a private equity investment or acquisition.
find out more
Letter Of Intent Ending
An Austrian law-governed document formally terminating a Letter of Intent between parties, addressing termination terms and ongoing obligations.
find out more
Letter Of Intent Distribution Agreement
An Austrian law-governed preliminary document outlining the intended terms and conditions for a future distribution agreement between a manufacturer and distributor.
find out more
Letter Of Intent For Gold Purchase
An Austrian-law governed preliminary document outlining the intended terms and conditions for a proposed gold purchase transaction, setting the framework for negotiation and future definitive agreements.
find out more
Architecture Letter Of Intent
An Austrian-law governed preliminary agreement outlining intended terms between a client and architect, establishing framework for future architectural services collaboration.
find out more
Intent Letter For Master Degree
A formal declaration of intent to pursue a master's degree program at an Austrian university, following Austrian educational regulations and standards.
find out more
Letter Of Intent To Lease Commercial Space
A preliminary document under Austrian law outlining proposed terms for a commercial lease agreement, setting the framework for formal lease negotiations.
find out more
Letter Of Intent For Loan Application
An Austrian law-governed preliminary document expressing intent to apply for a loan, outlining proposed terms and conditions while maintaining certain binding provisions.
find out more
Company Letter Of Intent
An Austrian law-governed preliminary business document outlining parties' intentions and key terms for a proposed transaction or relationship.
find out more
LOI Letter Of Intent
An Austrian law-governed preliminary agreement outlining parties' intentions and key terms for a proposed transaction, with specific binding and non-binding elements.
find out more
Letter Of Intent For Scholarship
An Austrian-compliant formal document expressing intent to provide scholarship support, outlining preliminary terms and conditions under Austrian education law.
find out more
Letter Of Interest For Business Purchase
An Austrian-law governed preliminary document expressing intent to purchase a business, outlining key terms and conditions while maintaining a generally non-binding nature.
find out more
Letter Of Interest Builder
An Austrian-law governed Letter of Interest template for formally expressing business interest while maintaining non-binding status under Austrian civil and commercial law.
find out more
Lender Letter Of Intent
An Austrian-law governed preliminary document from a lender indicating intended financing terms and conditions to a potential borrower.
find out more
Letter Of Intent Bank Loan
A preliminary, non-binding document issued by an Austrian bank outlining proposed terms and conditions for extending credit to a potential borrower.
find out more
Letter Of Intent To Buy
An Austrian law-governed preliminary document outlining a potential buyer's intention to purchase and the key terms of the proposed transaction.
find out more
Letter Of Intent For Student
An Austrian-compliant formal document expressing a student's intention to enroll in an educational program, serving as a preliminary commitment under Austrian education law.
find out more
Letter Of Intent For Promotion
An Austrian-compliant preliminary document outlining an employer's intention to promote an employee, including proposed role changes and terms.
find out more
Letter Of Interest For University Admission
A formal letter expressing intent to study at an Austrian university, following Austrian educational regulations and administrative requirements.
find out more
Letter Of Intent For Software Development
An Austrian law-governed preliminary document outlining the intended terms and conditions for a software development project, including both binding and non-binding provisions.
find out more
Letter Of Intent Sales
An Austrian-law governed Letter of Intent outlining preliminary terms and conditions for a potential sales transaction, including both binding and non-binding provisions.
find out more
Letter Of Intent For Distributorship
A preliminary document under Austrian law outlining the intended terms of a distribution relationship between a supplier and distributor, serving as a foundation for detailed negotiations.
find out more
Letter Of Intent To Lease
An Austrian law-governed preliminary document outlining proposed terms and conditions for a future lease agreement, serving as a framework for lease negotiations.
find out more
Letter Of Intent Procurement
An Austrian law-governed preliminary document outlining intended terms and conditions for procurement arrangements, establishing framework for negotiations while creating specific binding obligations.
find out more
Letter Of Intent For A Project
An Austrian law-governed preliminary document outlining parties' intentions to pursue a project and negotiate detailed agreements, establishing key terms and obligations.
find out more
Intent Letter For Internship
An Austrian law-compliant preliminary document expressing intent to establish an internship relationship, outlining basic terms and conditions of the proposed arrangement.
find out more
Commercial Letter Of Intent
An Austrian law-governed preliminary document outlining intended business transactions and establishing framework for negotiations, with selective binding provisions.
find out more
Job Offer Letter Of Intent
An Austrian-law governed preliminary document outlining proposed employment terms and conditions to a potential employee.
find out more
Letter Of Intent University
An Austrian-law governed Letter of Intent outlining proposed collaboration between universities, serving as a preliminary framework for future formal agreements.
find out more
Letter Of Intent For A Job Within The Same Company
An Austrian law-compliant preliminary document outlining intended internal job position changes within the same company, setting the framework for formal employment contract amendments.
find out more
Expression Letter Of Interest
A formal, non-binding document under Austrian law expressing preliminary interest in a business opportunity or transaction, serving as an initial step in commercial negotiations.
find out more
Letter Of Interest For A Project
A formal document under Austrian law expressing preliminary interest in participating in a specific project, outlining organizational capabilities and relevant experience.
find out more
Collaboration Letter Of Intent
An Austrian law-governed preliminary agreement outlining intended collaboration terms and binding/non-binding provisions between parties.
find out more
Letter Of Interest For Business
An Austrian-law governed formal business document expressing preliminary interest in a business opportunity or partnership, structured to initiate discussions while managing legal implications.
find out more
Investment Letter Of Intent
An Austrian law-governed preliminary document outlining proposed investment terms and conditions, serving as a framework for investment negotiations and due diligence.
find out more
Construction Letter Of Intent
An Austrian law-governed preliminary agreement outlining parties' intentions and permitted preliminary works for a construction project, incorporating specific Austrian legal requirements and construction regulations.
find out more
Letter Of Intent Merger
An Austrian law-governed preliminary agreement outlining key terms and conditions for a proposed merger between companies, establishing the framework for merger negotiations.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)