Lease Letter Of Intent Form. A letter of intent to lease is a summary of the terms acceptable to the landlord and the tenant who are looking to negotiate a lease of commercial space. The lease letter of intent sets forth the mutual understanding of the parties with respect to significant aspects of the tenancy, such as the rent payable, options to renew and expand, alterations to be made by the lessor and/or the lessee, and the lessee's subleasing and assignment rights.
The commercial lease letter of intent is a document that summarizes the leasing terms for commercial property and presents the information in a condensed format to be reviewed prior to the execution of a formal agreement. On behalf of XYZ Restaurant, I formally present this letter of intent to you showing our interest in leasing your property. During my time at the University of Wisconsin, I studied different aspects of journalism and copywriting, including APA-style editing, long and short-form web content, editorial writing, and human interest writing.
The assumptions that I will make are that you're a corporate entity formed either for the special purpose of leasing real estate for your business or utilizing your regular operating business entity.
Letter of intent to occupy space.
What is a letter of intent? A letter of intent is an introductory letter to employers you're interested in working for. A Letter of Intent (LOI) shows that you are serious about a purchase or sale.