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Offer to Lease Template: Proposed Rental Terms Letter Draft
OFFER TO LEASE TEMPLATE FAQ
What is an offer to lease?
An offer to lease is a written proposal in which a prospective tenant or landlord outlines the main terms of a proposed rental arrangement before a formal lease agreement is prepared and signed. It usually covers the property, rent, term, deposit, start date, and other key business points. The document helps both sides see the basic deal structure in writing before moving to a full lease.
Why do you need an offer to lease?
You need an offer to lease when the parties want to document the main proposed rental terms early and reduce misunderstandings before spending time on a full lease draft. It helps show the intended rent, lease period, use of the premises, deposit terms, and any special conditions that still need to be reviewed. It is especially useful in residential, commercial, or office leasing discussions where the parties want a written starting point.
When should you use an offer to lease?
Use an offer to lease when one party is ready to propose terms for renting a property but the final lease has not yet been negotiated or signed. It is commonly used at the beginning of lease discussions, after a property viewing, or when the parties have reached a general understanding and want to confirm it in writing. It should be used before occupancy begins and before either side relies on a final lease being in place.
How to write an offer to lease?
Start by identifying the property, the proposed tenant and landlord, and the basic business terms of the lease. Then state the proposed rent, lease term, security deposit, intended use, occupancy date, and any conditions such as approval, inspection, or preparation of a formal lease. The document should also explain whether the offer is binding or non-binding, how long it remains open, and where the parties should sign or respond.
Can AI Lawyer help if tenants, landlords, and brokers all need to review?
AI Lawyer can help by organizing the offer into clear sections so each reviewer can quickly find the property details, proposed rent, term, occupancy date, and any conditions to move forward. It can also add placeholders for broker details, acceptance deadlines, deposit terms, and signature blocks, making revisions easier to track. A consistent structure helps reduce repeated edits and lowers the chance of missing key rental details before the full lease is prepared.
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