Letter of Intent to Lease Commercial Premises

Are you planning to lease commercial business premises? Be sure that both parties agree on the terms before drawing up a formal lease document by putting your understanding of the terms in writing in this Letter of Intent to Lease Commercial Premises. The Letter of Intent itself is not a legal contract and is not legally binding, except as it relates to the negotiations between the parties. The purpose of the Letter of Intent is to ensure that both the landlord and the proposed tenant have the same understanding of the terms discussed such as:

• rent and occupancy costs,
• early occupancy,
• parking access,
• insurance obligations,

and other matters relating to the tenancy. This generic Letter of Intent to Lease Commercial Premises is provided in MS Word format, and is fully editable to fit your circumstances.