[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-279841-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-279841-en":127},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","non-binding-letter-of-intent-proposed-lease-terms","Non-Binding Letter of Intent - Proposed Lease Terms","","Non-binding Letter of Intent submitted by the tenant sets out the proposed lease terms for a specified property address. It summarizes key business conditions including lease term dates, premises area, commencement and expiration, initial rent on a per-square-foot basis with NNN and pass-through structure, and an annual 3% rent escalation. The letter allocates responsibilities for operating expenses, utilities, janitorial service, security deposit amount, and property inspections with timelines and contractor requirements. It also addresses tenant improvements, renewal options, maintenance obligations, and execution authority assurances.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/non-binding-letter-of-intent-proposed-lease-terms/279841/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/non-binding-letter-of-intent-proposed-lease-terms/279841.png","ImageObject",442,249,{"name":42,"@type":43},"Ezra","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-30","2026-09-16",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",19,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What is the purpose of this letter of intent?","Question",{"text":63,"@type":64},"It provides a general understanding of the basic terms and conditions for a proposed lease. A lease agreement will be prepared after signatures and executed by the authorized parties.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"What are the key lease dates and rent escalation terms?",{"text":68,"@type":64},"Commencement is September 1, 2018 and expiration is August 31, 2021. Rent increases by 3% annually, with the first escalation effective September 1, 2018.",{"name":70,"@type":61,"acceptedAnswer":71},"How are expenses, utilities, and maintenance responsibilities allocated?",{"text":72,"@type":64},"The tenant is not responsible for operating expenses, property taxes, casualty insurance, or similar pass-through charges. The tenant covers janitorial service and utilities, while the landlord maintains the building structure, common areas, and specified systems.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},279841,1790024123,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,109,114,118,123],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},16,"Social Media",50,"social-media",{"id":110,"doc_module":22,"doc_module_name":25,"category_name":111,"show_sort_weight":112,"slug":113},17,"Forms",40,"forms",{"id":115,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":116,"slug":117},18,30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":125,"show_sort_weight":4,"slug":126},158,"General","general-158",{"code":4,"msg":82,"data":128},{"doc_id":79,"user_id":129,"nickname":42,"user_avatar":130,"doc_module":22,"category_id":115,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":26,"language":136,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":12,"update_tm":140,"read_time":22},1099514068035,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","Tenant Info  \nRE: Property Address  \nNON-BINDING LETTER OF INTENT  \nOn behalf of (Tenant) I am pleased to submit this non-binding Letter of Intent for the proposed lease of the real property described herein. This letter is intended to provide a general understanding of the basic terms and conditions of a proposed lease. Upon signature of this letter by both the Landlord and the Tenant, a Lease Agreement will be prepared by Landlord consistent with the terms set forth herein and satisfactory to legal counsel for both parties which, when executed, shall serve as a binding agreement.  \nLandlord: XXXX  \nTenant: XXXXXXXX  \nLease Area/Premises: Property Information  \n2,500+/-SF of usable space  \nCommencement: September 1, 2018  \nExpiration: August 31, 2021  \nRent Commencement: September 1, 2018  \nInitial Rent: $8.00/NNN per SF, plus pass through expenses  \nRent Escalation: At the end of the first year of the lease, the Rent shall increase by Three Percent (3 .0%)  \nannually. The first escalation shall occur on September 1 , 2018 with subsequent  \nescalations effective on September 1 each year thereafter.  \nGross Lease: Tenant shall not be responsible for any operating expenses, property taxes, casualty  \ninsurance or similar pass through charges. Tenant shall be responsible for the cost of janitorial service within the Premises and all utilities serving the Premises including electric, natural gas, telephone, cable TV, and internet service.  \nSecurity Deposit: Tenant shall provide Landlord with a security deposit equal to one (1) month of base Initial  \nRent to equal TWO THOUSAND ONE HUNDRED SEVENTY-TWO DOLLARS AND FIFTY CENTS ($2,172 .50) to be held as a security deposit during the term of the lease.  \nProperty Inspections: Within twenty-one days of full execution of a Lease, Tenant shall have the right but not the  \nobligation to cause the roof, door, window , HVAC, electrical and plumbing systems at  \nLandlord’s sole expense (“Inspections”) . All Inspections shall be performed by reputable contractors licensed by the State of Maryland (as applicable) chosen by the Tenant and approved by the Landlord, such approval not to be unreasonably withheld. The results of each inspection shall be provided to Tenant and Landlord in written form. Landlord shall cause the all maintenance, repair and/or replacement recommended in the report resulting from each Inspection to be performed no later than August 1, 2018.  \nTenant Improvements: Landlord shall replace damaged and stained ceiling tiles within the suite. All other  \nimprovements will be sole responsibility of Tenant with Landlord approval.  \nLease Renewal: Tenant shall have the option to renew the Lease for one (1) periods of three (3) years each.  \nIn order to exercise each such option, the Tenant shall provide written notice to Landlord of Tenant’s election to renew the lease no later than ninety (90) days prior the then current Lease expiration date.  \nMaintenance: Landlord shall be responsible for maintaining the building structure including the roof , all  \ncommon areas (covered walkway, parking lot and other paved areas) , water and sewer lines not within the Premises, electrical service to and including the existing electrical meter , and the HVAC system including the exterior to the roof penetrations. Tenant shall be responsible for maintenance of the Premises including the doors, windows, HVAC ductwork, the electrical system after the meter, and all water and sewer lines between the roof, floor and walls of the premises. Tenant shall be responsible for a bi-annual inspection of the HVAC system and all recommended maintenance and repair but not for replacement of the system.  \nBy executing this Letter, the parties agree to make good faith efforts to achieve a ratified Lease in a timely manner. Nevertheless, neither party shall be under any binding obligation until such time as a Lease is fully executed by the appropriate parties within each organization which has authority to e","cbCair7upCDnj8qo","https://ap.wps.com/l/cbCair7upCDnj8qo","pdf",97416,"English","# Non-Binding Letter of Intent\n## Parties and Property Details\n## Lease Term and Rent Terms\n## Security Deposit and Inspections\n## Tenant Improvements and Renewal Options\n## Maintenance Responsibilities and Execution Terms","[{\"question\":\"What is the purpose of this letter of intent?\",\"answer\":\"It provides a general understanding of the basic terms and conditions for a proposed lease. A lease agreement will be prepared after signatures and executed by the authorized parties.\"},{\"question\":\"What are the key lease dates and rent escalation terms?\",\"answer\":\"Commencement is September 1, 2018 and expiration is August 31, 2021. Rent increases by 3% annually, with the first escalation effective September 1, 2018.\"},{\"question\":\"How are expenses, utilities, and maintenance responsibilities allocated?\",\"answer\":\"The tenant is not responsible for operating expenses, property taxes, casualty insurance, or similar pass-through charges. The tenant covers janitorial service and utilities, while the landlord maintains the building structure, common areas, and specified systems.\"}]","Non-Binding Letter of Intent - Proposed Lease Terms | PDF",1789528351]