EXPRESSION OF INTEREST TO LEASE COMMERCIAL PREMISES
A letter from a prospective corporate tenant, recording serious interest before any term sheet or lease is negotiated
To: __________, __________ (the "Recipient") __________
From: __________, __________, of __________ (the "Tenant")
Dear Sir/Madam,
1. WHY THE TENANT IS WRITING
1.1 The Tenant is considering taking the Premises on lease, and writes to record its serious interest in doing so, before any term sheet, letter of intent or lease is negotiated between the Tenant and the Recipient.
2. WHAT THE TENANT IS LOOKING FOR
3. WHAT THE TENANT WOULD LIKE FROM THE RECIPIENT
4.1 This letter is an expression of interest only. It records the Tenant's present intention, to help the Tenant and the Recipient decide whether to take this further. It does not commit the Tenant to lease the Premises, and it does not commit the Recipient to let the Premises to the Tenant.
4.2 Neither party has any claim against the other arising out of this letter. No term sheet, letter of intent, agreement to lease or lease deed comes into existence unless and until a separate document recording agreed terms is signed by both the Tenant and the Recipient, and this letter does not create, and is not intended to create, any interest in or right over the Premises.
4.3 This letter is not, and is not to be treated as, earnest money, a booking or a reservation of the Premises.