Commercial Letter Of Intent To Lease Sample. The tenant, [First Name] [Last Name], will rent the property located at [Address], [City], [State] [Zip Code] by entering a lease. So many times, the very initial step towards establishing a commercial lease agreement is drafting a letter or document called the letter of intent to lease.
A Letter of Intent, also known as an LOI or letter of interest, is a non-binding document that specifies one party's intentions towards another. It may be prepared by either party but often the tenant will write the letter after he investigates several options in the marketplace and has made the decision to focus on a single space. For example, if ether of the lessor or lessee breaks a rule and it has caused some great damage with the property, then this letter will be.
The starting and expiry dates of the lease are important in this letter.
It may be prepared by either party but often the tenant will write the letter after he investigates several options in the marketplace and has made the decision to focus on a single space.
Assortment of letter of intent to lease commercial space template that will perfectly match your needs. When writing a formal or organisation letter, presentation design and also format is key to earning a great initial perception. Avoid Errors In Your Letter Of Intent.