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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:
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Premises.
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Lease term.
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Minimum rent.
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Adjustments to minimum rent.
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Rent commencement.
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Percentage rent.
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Option(s) to extend the lease term.
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Use.
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Trade name.
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Tenant finish work.
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Parking.
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Signage.
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Permit(s) for tenant's operations.
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Assignment and subletting.
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Repairs and maintenance.
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Utilities.
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Property taxes.
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Security Deposit.
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REA.
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Optional: guarantor(s) and release of guarantee.
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Other unique deal points to particular transaction.
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Non-binding; rights contingent upon signed lease.
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Proposal time limit.
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Contingencies.
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Execution of final lease documents by date certain.
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