Civil Liability Arising From Breach of Letters of Intent

Letters of intent represent the personal guarantees that result in the commitment of the pre-contractual stage, which is one of the important stages in the life of the contract and is no less important than the stage of concluding the contract, as well as the stage of implementation of the contract, the basis of which is the pre-contractual stage, which depends mainly on the intention of the contracting parties, therefore Intention should not be confused with will; Their promise is of an objective nature, but the reality proves that the intention has a purely subjective nature, so it is of a personal nature that does not need to be shown. It is a desire to obtain a specific thing, which is supposed to belong to a person. Therefore, letters of intent are considered means intended to reach an end. Specific, which is the legal process that the contracting parties intend to access.