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Letters of intent may be advanced in the world of commercial real estate. In some specific domestic markets (for example in principal to principal deals between upstream Petroleum traders and producers in the same country, or certain Joint venture projects) they may be found. But there is no underlying and supported standard international application for the Letter of Intent.

Next you will mention the date. The next stage is the body paragraphs. In the body paragraph you are supposed to state why do you intend to buy the business? What synergies can be created from takeover and how can you grow the business in future? What is the price range you are willing to pay for the business? Who are the people who intend to buy the business? These are some of the basics things you will be required to mention. letters of intent can be altered according to the user's requirements.

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