Heads of Terms &
Preliminary Agreements

Solicitors for Heads of Terms & Preliminary Agreements

Preliminary agreements and heads of terms are also known as letters of intent, memoranda of understanding, term sheets or heads of agreement, and are generally contained in a short document outlining the main terms of a commercial transaction agreed between the parties in principle.

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    Need assistance with a Preliminary Agreement?

    There are advantages and disadvantages to using heads of terms and preliminary agreements, and we will thoroughly assess your circumstances before recommending the use of such document for your business.

    As a general rule, preliminary agreements do help create clarity and certainty at the crucial initial stages of a business relationship which inevitably helps to avoid misunderstandings later on. They also provide a useful road map of the steps to be taken before a formal agreement is signed.

    If you need help drawing up or reviewing heads of terms or preliminary agreement then call Arlingsworth today. We pride ourselves on our absolute service and years of experience helping a range of businesses, from large multi-national corporates and public companies to privately-held businesses and individuals. We also enjoy working across a wide range of industries and sectors.

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    Get expert legal assistance for your business today

    If your business needs assistance with heads of terms preliminary agreements then contact our expert commercial solicitors today on 01273 696962 or by clicking the button below. We are available 7 days a week and our solicitors are always available to help you.

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