A letter of intent template is a letter from one company to another acknowledging the willingness and aptitude to do a business. Letters of intent are used during the merger and acquisitions processes. Sometimes, the letter of intent is also issued by mutual fund shareholders to invest certain sum of money on specified time and they would often qualify for reduced sales charges by signing a letter of intent. It is not a legal document but can be enforced. Perhaps, a letter of intent is only a temporary step in any major business or financial dealing, nevertheless it is however…