top of page

Form 11-1: General Letter of Intent to Enter into Space Lease in Shopping Center

 

LOI between developer and in-line "shop" tenant

 

(8 pages)

$25

Form addresses:

  • Premises.

  • Lease term.

  • Minimum rent.

  • Adjustments to minimum rent.

  • Rent commencement.

  • Percentage rent.

  • Option(s) to extend the lease term.

  • Use.

  • Trade name.

  • Tenant finish work.

  • Parking.

  • Signage.

  • Permit(s) for tenant's operations.

  • Assignment and subletting.

  • Repairs and maintenance.

  • Utilities.

  • Property taxes.

  • Security Deposit.

  • REA.

  • Optional: guarantor(s) and release of guarantee.

  • Other unique deal points to particular transaction.

  • Non-binding; rights contingent upon signed lease.

  • Proposal time limit.

  • Contingencies.

  • Execution of final lease documents by date certain.

bottom of page