¶¶Òõ¶ÌÊÓƵ

Letter Of Intent Sales Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Letter Of Intent Sales

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Letter Of Intent Sales

"I need a Letter of Intent Sales under Singapore law for selling my manufacturing equipment to a potential buyer in Malaysia, with a 60-day exclusivity period and completion targeted for March 2025."

Document background
A Letter of Intent Sales is commonly used in Singapore business transactions as a preliminary step before entering into a definitive sales agreement. It is particularly valuable in complex transactions where parties need to outline key terms and conditions before committing to detailed due diligence or final negotiations. The document typically includes proposed purchase price, payment terms, timeline, and any conditions precedent, while operating within Singapore's robust legal framework for commercial transactions. It serves to demonstrate serious intent while maintaining flexibility in negotiations.
Suggested Sections

1. Intent Declaration: Clear statement of intention to enter into a sales agreement, including identification of parties and date

2. Subject Matter: Description of goods/products to be sold including key specifications and quantities

3. Key Commercial Terms: Proposed price, payment terms, delivery terms, and other primary commercial conditions

4. Timeline: Expected timeframe for negotiation, due diligence, and execution of definitive agreement

5. Non-Binding Statement: Clear statement that LOI is non-binding except for specific clauses

Optional Sections

1. Due Diligence Process: Details of the due diligence process, timing, and access requirements - include for complex transactions

2. Exclusivity: Terms of exclusive negotiation period and restrictions on dealing with other parties

3. Confidentiality: Terms for handling confidential information and trade secrets - include if sensitive information will be shared

4. Deposit Terms: Terms regarding any advance payment or security deposit - include if upfront payment is required

5. Conditions Precedent: Any conditions that must be met before proceeding with the transaction - include for regulated industries or complex deals

Suggested Schedules

1. Term Sheet: Detailed summary of key commercial terms and conditions

2. Product Specifications: Technical specifications and details of the goods/products to be sold

3. Timeline Schedule: Detailed timeline showing key milestones and deadlines for the transaction

4. Due Diligence Checklist: List of required documents and information for review process

5. Pricing Schedule: Detailed breakdown of pricing, including any variable components or volume discounts

Authors

Alex Denne

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

Relevant legal definitions















Clauses


















Industries

Contract Law (Chapter 53): Primary legislation governing contract formation, terms, and enforcement in Singapore

Sale of Goods Act (Chapter 393): Specific legislation governing the sale of goods, including terms, conditions, and rights of parties in sales contracts

Electronic Transactions Act: Regulates electronic communications and digital signatures in commercial transactions

Consumer Protection (Fair Trading) Act: Protects consumer rights in B2C transactions and regulates unfair practices

Competition Act (Chapter 50B): Ensures fair competition and prevents anti-competitive practices in business dealings

Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data in commercial transactions

Misrepresentation Act (Chapter 390): Deals with false statements and misrepresentations made during contract formation

Unfair Contract Terms Act (Chapter 396): Regulates unfair terms in contracts and protects against unreasonable contract provisions

UN Convention on Contracts for International Sale of Goods (CISG): International treaty governing cross-border sale of goods, if applicable to the transaction

Singapore Free Trade Agreements: Bilateral and multilateral trade agreements affecting cross-border sales and transactions

Industry-Specific Regulations: Particular rules and requirements specific to the industry or goods being sold

Import/Export Regulations: Rules governing the international movement of goods, including customs and licensing requirements

Common Law Precedents: Previous court decisions and case law regarding Letters of Intent in Singapore

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

Sellers Contract

find out more

Salesperson Commission Agreement

find out more

Sales Rep Agreement

find out more

Sale Deed Agreement

find out more

Letter Of Intent To Sale Property

find out more

Deed Of Sale Of Motor Vehicle With Assumption Of Mortgage

find out more

Deed Of Conditional Sale

find out more

Contract Of Sale And Contract For Sale

find out more

Contract For Selling A Car

find out more

Agreement Letter Between Buyer And Seller Of Car

find out more

Sales Distribution Agreement

find out more

Manufactured Home Purchase Agreement

find out more

Land Sale Agreement Form

find out more

Conditional Sale And Purchase Agreement

find out more

Business Sales Agreement Form

find out more

Agreement Letter For Selling A Property

find out more

Sales Commission Letter To Employees

find out more

Agreement For Sale Without Possession

find out more

Sale With Buyback Agreement

find out more

Letter Of Intent To Sell Property To Tenant

find out more

Resale Agreement Draft

find out more

Scrap Vehicle Sale Agreement

find out more

Sale Purchase Form

find out more

Sale Of Shares In Private Company Agreement

find out more

Registered Agreement For Sale

find out more

Contract For Sale Of Shares In A Private Company

find out more

Addendum To Purchase Contract

find out more

Buy Sale Agreement Form

find out more

Agreement To Purchase Contract

find out more

Initial Contract Of Sale

find out more

Buyer And Seller Agreement Form

find out more

Sales Contract Form

find out more

Purchase And Sale Agreement Form

find out more

Simple Vacant Land Purchase Agreement

find out more

Letter Of Intent Sales

find out more

Domain Name Sale Agreement

find out more

Private Car Sale Contract With Monthly Payments

find out more

Independent Sales Rep Contract

find out more

Company Sale Agreement

find out more

Partnership Buy Sell Agreement

find out more

Airplane Purchase Agreement

find out more

Boat Purchase Agreement

find out more

Motorcycle Sale Contract

find out more

Letter Of Intent To Buy Land

find out more

Car Sale Contract With Payments

find out more

Product Sales Contract

find out more

Letter Of Intent To Buy Property

find out more

Addendum To Deed Of Sale

find out more

Sales Agent Contract Agreement

find out more

Sales Agreement Form

find out more

Addendum To Sales Contract

find out more

Addendum To Agreement Of Sale

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.