LETTER OF INTENT
An oral contract, so the saying goes, is not worth the paper it is written on. While this may not be entirely true, it is certainly the case that failing to take the trouble to record your agreement in writing does make it difficult to prove what has been agreed, if there is some doubt about it later, writes Kim Franklin. And there usually is.
GET INSTANT ACCESS
for less than 46p a day
Join thousands of professionals who already subscribe to the Architects' Journal.
You’ll get instant access to read this article -
and 53,000+ articles like it.
- Trusted industry news & analysis, wherever you need itUnlimited online access and weekly magazine delivery – now also available on iPad/iPhone
- Get ideas, get inside buildings and check precedentsBuildings Library – images, drawings and plans for exemplar projects in British architecture
- Planning & regulation – what you need to know Protect your practice - the AJ keeps you up-to-date with changes to regulations and legislation