Do you have a sample letter of intent to Lease commercial Space?

In Leasing Property - Asked by Anahi q. - Sep 25, 2011
Report Abuse
Answer this Question


Michael B.
Omaha, NE

If you are not an experienced user of such documents, I suggest you find YOUR commercial real estate agent/broker. Although the original intent of the LOI was NOT to be binding on the parties, many have found to be fully binding, in part, due to the extent or wording of the LOI. In addition, many states have different legal requirements. YOUR OWN real estate Agent/Broker does not generally 'cost' you, but rather the landlords agent pays from his fees with the landlord - assuming you are a tenant. If you are a landlord, ask YOUR agent/broker. If you don't have an agent/broker, see your legal counsel. These can be legally binding. Seek good counsel. These are major commitments.
Mike Blackmon
Commercial Broker
Omaha, NE

Sep 26, 2011
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question