<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/RjRpCaBv1XGApsSFM6uTLq">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RBJ4HPUl2DrL4G30lmoFKJN"/>
  <rdfs:label>Letter of Intent</rdfs:label>
  <skos:altLabel>Intent to Purchase Letter</skos:altLabel>
  <skos:altLabel>LOI</skos:altLabel>
  <skos:altLabel>Pre-Contractual Statement</skos:altLabel>
  <rdfs:seeAlso rdf:resource="https://folio.openlegalstandard.org/RDncsU66gjMTS2uIVpdIaEY"/>
  <rdfs:seeAlso rdf:resource="https://folio.openlegalstandard.org/RZUSPq2iQzzjI6lg0hXujm"/>
  <skos:prefLabel>Preliminary Agreement</skos:prefLabel>
  <skos:definition>A Letter of Intent is a formal document that outlines the preliminary terms and conditions of an agreement between two or more parties. While generally not legally binding, it serves as a roadmap for future negotiations or agreements.</skos:definition>
</owl:Class>