I need to sign a LOI (letter of intent). Never done this before, can someone guide me through it? On every page at the bottom-right part there is a space that says "initials". Do I need to put something there? Or do I just need to sign the final page where is has my name?
Don't know anything about LOIs, but initialling the bottom right hand corner of every page of an agreement is just to ensure that later on a page doesn't get added in that wasn't there when you signed it, or that pages don't get amended after you sign it. That's standard for legal documents. So yes, put your initials on every page & sign the signing page.
Thanks, but what do you mean by "initialling"? Or more exactly... where it says initials do I need to do something? Put my name or signature or something like that? This is what is showing in the corner of every page:
Initialling - put in the initals of your name - if your name is "John Smith" you'd just initial it "JS" There are 2 blanks there - 1 for each person to the agreement. You'd use 1 of the blanks and the other person would use the other blank.
I've signed many - onlinedude is correct. Pay attention to the details if proprietary information disclosure is involved on your part. An LOI isn't usually legally binding and their are shady individuals who take advantage to get information about a business that a person normally wouldn't disclose - and then never go through with the transaction.