Letter of Intent to Lease Commercial Space

Negotiate the lease of a business premises before drawing up a formal lease document with this Letter of Intent to Lease Commercial Space.

The Letter of Intent itself is not a legal contract. Its purpose is to ensure that both the landlord and the proposed tenant have the same understanding of the lease terms discussed, such as:

• square footage of the leased premises,
• allowed use of the space,
• compliance with zoning bylaws and obtaining of permits,
• the amount and payment dates of rent payments,
• the tenant's occupancy costs,
• early occupancy for completion of tenant improvements,
• landlord's work and tenant's work,
• parking access,
• insurance obligations,
• procedure for terminating the lease,
• confidentiality provisions,
• disclosure of broker representation.

The Letter of Intent to Lease Commercial Space is a great time-saving tool for commercial landlords and property managers. Download your copy now.