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Making an Offer to Lease
When your business has outgrown the garage and you're ready to move on up, an Offer to Lease is your first step to securing a commercial space. It sets the foundation for the real lease agreement and ensures you and the landlord are on the same page.
Use the Offer to Lease document if:
An Offer to Lease includes most of vital information that will be in your official lease, but it gives you room for extras and helps define parameters before you sing the official document. Be sure to include anything you'll need the landlord to take care of before you start writing checks. After all, you don't want to be the one fixing that iffy wiring in the break room, so make sure you know about any potential issues before you get in too deep. In the offer, you'll stipulate the biggies like the length of the lease and rent. Don't sign and offer unless you're sure you want the space: an offer to lease is binding.
Other names for this document: Offer to Lease Commercial Property, Offer to Lease Form