Letter of Intent governed by the law of Germany
DealDocs sets the laws of the Federal Republic of Germany, excluding its conflict of laws rules and the UN Convention on Contracts for the International Sale of Goods as the governing law when you choose Germany. The forum clause reads: “The courts of Frankfurt am Main, Germany shall have exclusive jurisdiction in respect of any dispute arising out of or in connection with this document.”
Governing law
the laws of the Federal Republic of Germany, excluding its conflict of laws rules and the UN Convention on Contracts for the International Sale of Goods
Legal system
Civil law, a civil law system, where rules are drawn primarily from codified statutes rather than from a body of judicial precedent.
Conventional arbitration seat
Frankfurt am Main, Germany
Naming a party formed here
DealDocs' guided interview references the Federal Republic of Germany when you enter a party formed in Germany.
What's different about a Letter of Intent in Germany
The same codified culpa in contrahendo duty applies to an LOI, and where the transaction involves GmbH shares or German real estate, notarization is required by law. An LOI that contains a binding obligation to buy either can itself trigger that notarization requirement, which is worth knowing before signing.
Build your LOI for Germany now
The guided interview asks for the governing law up front, so the right jurisdiction-specific clauses are included automatically. Preview the full plain English guide and completeness check for free before you unlock the document.
Frequently asked questions
Does an LOI for German real estate or GmbH shares need notarization?
The underlying transfer does, and a binding obligation inside the LOI to complete that transfer can itself trigger the notarization requirement.
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