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MOU = LOI

Posted on 11/22/25 at 8:48 pm
Posted by GEAUXmedic
Premium Member
Member since Nov 2011
42049 posts
Posted on 11/22/25 at 8:48 pm
They mean nothing.
Posted by FireGoodell
Member since Mar 2019
8265 posts
Posted on 11/22/25 at 8:48 pm to
It’s not true regardless
Posted by RemouladeSawce
Uranus
Member since Sep 2008
17236 posts
Posted on 11/22/25 at 9:02 pm to
LOIs are legally enforcable in many respects and, depending on the agreement, failure to comply with LOI terms can entail damages

Memorandums of understanding just codify parties' intentions. That's it
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