Legal Letter Of Intent for Singapore

Legal Letter Of Intent Template for Singapore

A Legal Letter of Intent under Singapore law is a preliminary document that outlines the principal terms of a proposed transaction between parties. It serves as a roadmap for future negotiations and typically combines both binding and non-binding provisions. Under Singapore's legal framework, while primarily non-binding, certain provisions such as confidentiality and exclusivity can be explicitly made binding. The document is governed by Singapore's Contract Act and related common law principles.

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.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Legal Letter Of Intent

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Legal Letter Of Intent?

A Legal Letter of Intent is commonly used in Singapore as a preliminary step in significant commercial transactions. It establishes the framework for negotiation while protecting parties' interests tHRough specific binding provisions. The document typically includes key commercial terms, timelines, conditions precedent, and any exclusivity arrangements. Under Singapore law, parties must clearly distinguish between binding and non-binding provisions to ensure legal certainty. The LOI helps parties align their expectations and provides structure to subsequent negotiations while maintaining flexibility.

What sections should be included in a Legal Letter Of Intent?

1. Identification of Parties: Clear identification of all parties involved in the Letter of Intent, including their legal names, addresses, and company registration numbers if applicable

2. Purpose Statement: Clear statement of intent outlining the nature and objective of the proposed transaction or relationship

3. Key Terms: Principal commercial terms and conditions of the proposed transaction, including pricing, scope, and key deliverables

4. Timeline: Proposed schedule for completion of the transaction, including key milestones and deadlines

5. Binding vs Non-binding Provisions: Clear distinction between which provisions are intended to be legally binding and which are non-binding expressions of intent

6. Confidentiality: Terms regarding the confidential treatment of information exchanged during negotiations

7. Governing Law: Statement that the LOI is governed by Singapore law

What sections are optional to include in a Legal Letter Of Intent?

1. Due Diligence: Terms regarding the conduct of due diligence investigations, including access to information and timeline (include for complex transactions or asset purchases)

2. Exclusivity: Terms preventing parties from negotiating with others for a specified period (include for significant transactions requiring resource commitment)

3. Break Fee: Terms regarding compensation if a party withdraws from the transaction (include for large-scale transactions with significant preparation costs)

4. Good Faith Obligations: Specific obligations regarding good faith negotiations (include when parties want to emphasize commitment to the process)

5. Costs and Expenses: Terms regarding who bears the costs of negotiation and due diligence (include for complex transactions with significant preparation costs)

What schedules should be included in a Legal Letter Of Intent?

1. Term Sheet: Detailed summary of key commercial terms and conditions proposed for the final agreement

2. Timeline Schedule: Detailed timeline showing key milestones, deadlines, and dependencies for the proposed transaction

3. Asset Schedule: Comprehensive list of assets involved in the transaction (if applicable for asset purchases or property transactions)

4. Due Diligence Checklist: List of required documents and information for due diligence process (if applicable)

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

Letter of Intent

Cost

Free to use
Industries

Contract Act (Cap. 53): Primary legislation governing contract formation, validity, and enforcement in Singapore

Common Law Principles: Fundamental principles regarding contract formation and pre-contractual documents derived from case law

Companies Act (Cap. 50): Key legislation governing corporate entities and business transactions in Singapore

Competition Act (Cap. 50B): Legislation governing business combinations, mergers, and acquisitions to prevent anti-competitive practices

Electronic Transactions Act 2010: Legislation governing the validity and enforceability of electronic signatures and documents

Evidence Act: Legislation governing the admissibility and handling of evidence, including confidential information

Personal Data Protection Act 2012: Legislation governing the collection, use, and disclosure of personal data

Mediation Act: Framework for mediation proceedings as a dispute resolution mechanism

Arbitration Act: Domestic arbitration framework for dispute resolution

International Arbitration Act: Framework governing international arbitration proceedings in Singapore

Property Law Acts: Collection of acts including Residential Property Act, Land Titles Act, and Property Tax Act for real estate matters

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Real Estate Letter Of Intent

A Singaporean document expressing a buyer's interest in property, outlining key terms for negotiation.

find out more

Non Binding Offer

A Singapore legal document outlining initial non-binding business terms for preliminary negotiations.

find out more

Non Binding Letter Of Intent

A Singaporean document outlining preliminary business terms without legal obligations, except for designated binding provisions.

find out more

Letter Of Interest

A Singaporean document expressing intent to initiate business relationships, outlining key terms and confidentiality provisions.

find out more

Letter Of Intent To Purchase

A Singaporean document outlining preliminary terms for significant purchase transactions, with binding confidentiality and exclusivity clauses.

find out more

Letter Of Intent To Bid

A Singaporean document formally expressing a company's intent to participate in a competitive bidding process.

find out more

Letter Of Intent Startup

A Singaporean legal document outlining startup intentions for investment or partnerships, with non-binding preliminary terms.

find out more

Letter Of Intent M&A

A Singaporean legal document outlining preliminary M&A terms, including confidentiality and exclusivity provisions.

find out more

Letter Of Intent Job Offer

A Singaporean document confirming preliminary job offer details, compliant with Employment Act and MOM guidelines.

find out more

Letter Of Intent For Business

A Singaporean document outlining preliminary business terms, maintaining flexibility for future negotiations and agreements.

find out more

Letter Of Intent Film Production

A Singaporean legal document outlining preliminary collaboration intentions for a film project, complying with media regulations.

find out more

Letter Of Intent Cooperation

A Singaporean document outlining preliminary collaboration intentions, maintaining flexibility and confidentiality in business negotiations.

find out more

Letter Of Intent

A Singaporean legal document outlining preliminary terms for commercial transactions, with optional binding confidentiality and exclusivity clauses.

find out more

Grant Letter Of Intent

A Singaporean document expressing preliminary interest in grant funding, outlining key terms without binding commitment.

find out more

Binding Letter Of Intent

A Singaporean legal document outlining preliminary business transaction terms with binding and non-binding provisions.

find out more

Commercial Real Estate Letter Of Intent

A Singaporean document outlining preliminary terms for commercial real estate transactions, with potential binding confidentiality clauses.

find out more

Non Binding Offer Letter

A preliminary, non-binding proposal document under Singapore law that outlines potential terms without creating legal obligations.

find out more

Letter To Tenant Of Intent To Sell Property

A Singapore-compliant formal notice from landlord to tenant regarding the intended sale of a leased property.

find out more

Letter Of Intent To Purchase Product

A Singapore-law governed preliminary document expressing intention to purchase specific products, outlining key terms and conditions.

find out more

Letter Of Intent To Continue Teaching

A formal document used in Singapore expressing a teacher's intention to continue their teaching position, adhering to local employment and education regulations.

find out more

Letter Of Intent Small Claims Court

A formal notice of intent to file a claim tHRough Singapore's Small Claims Tribunal, outlining dispute details and claim amount.

find out more

Letter Of Intent Simple

A preliminary document under Singapore law outlining basic terms and understanding between parties before a formal agreement.

find out more

Letter Of Intent Signature

A preliminary agreement under Singapore law outlining proposed transaction terms and parties' intentions to proceed with negotiations.

find out more

Letter Of Intent Salary

A preliminary employment document under Singapore law that outlines proposed salary and basic employment terms before formal contract execution.

find out more

Letter Of Intent In English

A preliminary document under Singapore law outlining proposed terms of a transaction, serving as a framework for negotiations with both binding and non-binding elements.

find out more

Letter Of Intent In Contract

A preliminary document under Singapore law outlining proposed terms for a future agreement, serving as a framework for negotiations.

find out more

Letter Of Intent For Transfer To Another Branch

A formal document used in Singapore to outline the preliminary agreement for an employee's internal transfer to another branch location.

find out more

Letter Of Intent For Training

A preliminary document used in Singapore that outlines proposed terms for training arrangements between parties, subject to local regulations.

find out more

Letter Of Intent For Restaurant Lease

A preliminary agreement under Singapore law expressing intent to lease commercial space for restaurant operations.

find out more

Letter Of Intent For Renewal

A Singapore-governed formal document expressing intention to renew an existing contract, serving as a preliminary commitment while final terms are negotiated.

find out more

Letter Of Intent For Product Demonstration

A formal document under Singapore law that establishes terms and conditions for conducting a product demonstration between interested parties.

find out more

Letter Of Intent For Payment

A Singapore-compliant document expressing formal commitment to make a specified payment under defined terms and conditions.

find out more

Letter Of Intent For Mayor

A formal expression of intent to serve as a CDC Mayor in Singapore, outlining qualifications and commitment to the role.

find out more

Letter Of Intent For Leave Of Absence

A formal document under Singapore employment law that declares an employee's intention to take an extended leave of absence from work.

find out more

Letter Of Intent For Business Supplier

A Singapore-governed preliminary document outlining intended supplier-buyer business relationships and key terms for future negotiations.

find out more

Letter Of Intent For Business Closure

A formal declaration of intent to cease business operations under Singapore law.

find out more

Letter Of Intent For Administrative Officer

A preliminary employment document used in Singapore that outlines the intent to hire an Administrative Officer, including basic terms of employment and conditions.

find out more

Letter Of Intent For Accreditation As Contractor

A formal declaration to Singapore's BCA expressing intention to become an accredited contractor, including registration category and compliance commitments.

find out more

Letter Of Intent Financial Assistance

A preliminary document under Singapore law outlining intended terms for financial support between parties.

find out more

Letter Of Intent Addressed To The Mayor For Scholarship

A formal letter to Singapore's Mayor expressing intent to apply for municipal scholarship programs.

find out more
See more related templates

Genie’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; Genie’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

2 Docs LeftAccess Now