VIEWS: 1,376 PAGES: 5 CATEGORY: Leasing Commercial Real Estate POSTED ON: 1/22/2011
This Letter of Intent is used by a landlord to inform a potential tenant of the landlord's intent to enter into a commercial lease agreement. The non-binding letter sets forth the proposed terms and conditions of the lease including the rent payments, permitted uses of the premises, and the security deposit. It also includes a proposal expiration date after which the proposal is no longer valid. This document provides a template for drafting a letter of intent and may be customized to fit the specific needs of the parties. This should be used by landlords when negotiating to lease commercial property.
"Letter of Intent for Leasing Commercial Property"