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A letter of intent for a real estate lease is a preliminary document that outlines the key terms and conditions both a landlord and tenant agree to explore before signing a formal lease agreement. It serves as a roadmap for negotiations, covering essential details such as the proposed rental rate, lease duration, permitted use of the space, and any tenant improvement allowances. While not always legally binding in its entirety, a well-drafted letter of intent helps both parties align expectations early, reducing the risk of misunderstandings during the final lease negotiation process.

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About letter of intent real estate lease

These documents are commonly used in commercial real estate transactions — by business owners securing office, retail, or industrial space, as well as by property managers and real estate attorneys who facilitate these deals. Residential landlords and tenants may also use letters of intent when negotiating longer-term or more complex rental arrangements. Whether you are a small business owner looking to lease your first storefront or a seasoned investor managing multiple properties, having the right form ensures your intentions are clearly communicated and documented.

Tools like Instafill.ai use AI to fill these forms in under 30 seconds, handling the details accurately and securely so you can move forward with your lease negotiations without unnecessary delays.

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