What is a letter of intent when buying a dental practice?
A letter of intent (LOI) is a short, usually non-binding document in which a buyer sets out the main terms they propose for a practice, so both sides agree on the outline before paying for full legal work and due diligence. It comes after the NDA and the review of the broker's materials, and before the purchase agreement. 3,865 practices are listed to browse free.
Where it sits in the buying steps
The usual order is: find a listing, sign the broker's NDA, review the materials and visit, send a letter of intent, run due diligence and arrange financing, then sign the purchase agreement and close. The LOI is the point where a buyer moves from looking to proposing.
Who prepares it
Buyers commonly have their attorney prepare or review it. What belongs in it for a particular deal is a question for your attorney and your broker, not for a directory.
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Counts as of Nov 14, 2026.
Related questions
Every listing count on this page is computed from the listings published on The Dental Practice Market and was rebuilt Nov 14, 2026. Descriptions of the buying process are general information, not statistics or advice. Supply-side only: we publish how many practices are listed, where and of what type. We never publish an estimate of what a practice is worth.