Letter of Intent
(Retail Lease) (Long Form)
Summary
This Letter of Intent (Long Form) for use in a commercial real estate leasing transaction to document the understanding between the parties regarding the proposed lease of real property. This template includes practical guidance and drafting notes. The Letter of Intent should include the key terms of the proposed transaction. The more details that are agreed to and memorialized in the Letter of Intent, the fewer details that will need to be negotiated when drafting the lease agreement. The Letter of Intent (Long Form) goes into much more detail than the Letter of Intent (Short Form), and may be suitable for proposed leases of property that are more complex or significant. For a related template, see Letter of Intent (Retail Lease) (Short Form) and Retail Lease Agreement (Long Form). For a full listing of key content covering retail leasing, see Retail Leasing Resource Kit. For a full listing of key content covering commercial real estate, see First Year Associate Resource Kit: Real Estate. For a full listing of key content covering commercial leasing, see Junior Associate Real Estate Resource Kit (Commercial Leasing).