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1. Date and Address Block: Standard business letter format with current date and recipient's address
2. Subject Line: Clear identification of the document as a Letter of Intent for Commercial Space Lease
3. Introduction: Identification of all parties involved, including full legal names and addresses
4. Expression of Intent: Clear statement of the purpose and non-binding nature of the letter
5. Property Details: Specific description and address of the commercial space to be leased
6. Key Commercial Terms: Proposed lease duration, rent amount, payment terms, and anticipated commencement date
7. Use of Premises: Intended use of the commercial space and any specific requirements
8. Timeline: Proposed timeline for negotiation, due diligence, and execution of formal lease
9. Confidentiality: Statement regarding the confidential nature of negotiations
10. Exclusivity: Period during which the landlord will not negotiate with other potential tenants
11. Closing: Signature blocks and formal letter closing
1. Due Diligence Requirements: Specific requirements for property inspection and document review, used when detailed examination is needed
2. Deposit Terms: Details of any initial deposit or earnest money, included when immediate payment is required
3. Broker Recognition: Acknowledgment of real estate brokers involved, included when applicable
4. Conditional Requirements: Any specific conditions that must be met before proceeding with the lease, such as board approval or financing
5. Improvements and Alterations: Preliminary agreement on any modifications to the space, included when significant renovations are anticipated
6. Government Approvals: Reference to required permits or licenses, included when specific regulatory approval is needed
7. Transaction Costs: Preliminary agreement on who bears various costs, included when cost allocation needs to be addressed early
1. Floor Plan: Preliminary floor plan or layout of the commercial space
2. Property Photographs: Current photographs of the commercial space and building
3. Initial Term Sheet: Summary of key commercial terms in bullet point format
4. Proposed Timeline: Detailed schedule of key dates and deadlines
5. Building Rules and Regulations: Preliminary copy of building rules that would apply to the lease
6. Proposed Improvement Plans: Basic sketches or descriptions of proposed modifications to the space
Real Estate
Retail
Banking and Financial Services
Healthcare
Technology
Professional Services
Manufacturing
Hospitality
Education
Logistics and Warehousing
Entertainment and Media
Telecommunications
Legal
Finance
Operations
Facilities Management
Real Estate
Corporate Development
Procurement
Risk Management
Business Development
Property Management
Administration
Chief Executive Officer
Chief Financial Officer
Real Estate Manager
Facilities Manager
Property Manager
Legal Counsel
Operations Director
Business Development Manager
Commercial Director
Project Manager
Corporate Real Estate Manager
Finance Director
Procurement Manager
Real Estate Broker
Property Lawyer
Expansion Manager
Site Selection Manager
Asset Manager
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