Six Essential Elements of an Offer to Lease

Six Essential Elements Of An Offer To Lease


1. The parties

2. Description of the premises to be leased (address and square footage)

3. Commencement date of the term

4. Duration of the term

5. Lease Rate and Operating Costs (Rent and Additional Rent)

6. Conditions, covenants, all material terms

This is why a Tenant Rep will ensure that all the pertinent details are in the Offer to Lease, and ultimately in the Lease document.

Contact us today for more info on how we can represent you, from findimg a space to the closing of the lease transaction


download the full article from BD&P on “When is an Offer to Lease Binding”