Securing Your Office Space
Letter of Proposal To Landlord (Letter of Intent)
To secure your choice office premises, this letter of intent contains the terms and conditions, which tenant offers to the Landlord. It is not a legal binding document unless a consideration is paid to the landlord. Usually the landlord will require the tenant to submit a copy of the ROC for the purpose of assessing the stabilities of the company like how sufficient is their paid-up capital and to ensure that the trade is acceptable for the building usage. All these contribute to the success of the lease. The brief terms and conditions are:
- Terms of Lease
- Monthly Rental
- Security Deposit
- Utility Charges
- Stamp Duties
- Legal and Admin Fee
- Tenancy Agreement
- Rent-free Fitting-out Period (if applicable)
- Good-faith deposit (optional booking fee)
- Other Special Provisions
Office Letter of Offer From Landlord
A Letter of Offer will be issued when all the principal rental terms in the letter of intent are agreed upon. When the Letter of Offer is signed and a non-refundable deposit given, the premises will be secured, subject to the signing of the Tenancy Agreement.