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A Letter of Intent to Renew Lease is commonly used in Hong Kong's commercial and residential property markets when a tenant wishes to formally communicate their desire to renew an existing lease agreement. This document is typically issued several months before the current lease expires, allowing sufficient time for negotiations and documentation. While not legally binding unless specifically drafted to be so, it serves as an important tool in the renewal process, outlining key terms such as proposed rental rates, duration, and any modifications to existing terms. The document operates within Hong Kong's legal framework, particularly under the Landlord and Tenant (Consolidation) Ordinance, and helps establish a clear framework for subsequent negotiations. It's particularly important in commercial settings where formal documentation of intentions is standard business practice.

1. Letter Header and Date: Complete letterhead including sender's details, recipient's details, and date

2. Subject Line: Clear reference to the existing lease and property address

3. Opening Statement: Formal opening and reference to the current lease agreement

4. Current Lease Reference: Details of the existing lease including commencement date, expiry date, and parties involved

5. Expression of Intent: Clear statement of intention to renew the lease

6. Proposed Terms: Key terms for the renewal including proposed duration and any modifications to existing terms

7. Timeline: Proposed timeline for negotiation and completion of the renewal

8. Contact Details: Contact information for further discussions

9. Closing: Formal closing statement, signature block, and name of authorized signatory