# Heads of terms (HOT)

> UK / EU equivalent of the Letter of Intent.

**Canonical URL:** https://classa.info/glossary/heads-of-terms
**Page type:** glossary
**Last updated:** 2026-04-01T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- UK / EU equivalent of the Letter of Intent.
- Heads of terms are the agreed (typically non-binding) summary of deal terms.

## Key facts
- **category**: Lease structure
- **regionScope**: UK, EU

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Citation: Source: Class A Atlas (https://classa.info/glossary/heads-of-terms), updated 2026-04-01T00:00:00.000Z.