What is an offer to lease?

<span data-sheets-value="{"1":2,"2":"An offer to lease, a.k.a. a lease proposal, is a document in which the landlord outlines the terms of leasing their property to the prospective tenant."}" data-sheets-userformat="{"2":15105,"3":{"1":0},"11":4,"12":0,"14":{"1":2,"2":0},"15":"Montserrat","16":8}">An offer to lease, a.k.a. a lease proposal, is a document in which the landlord outlines the terms of leasing their property to the prospective tenant.

What is the purpose of leasing?

<span data-sheets-value="{"1":2,"2":"A landlord and a tenant/lessee sign a lease to guarantee their rights. On the one hand, it's the property use right. On the other hand, the lease guarantees the landlord the right to get payment for leasing the property out.. A contractual lease is often preceeded by an offer to lease."}" data-sheets-userformat="{"2":15105,"3":{"1":0},"11":4,"12":0,"14":{"1":2,"2":0},"15":"Montserrat","16":8}">A landlord and a tenant/lessee sign a lease to guarantee their rights. On the one hand, it’s the property use right. On the other hand, the lease guarantees the landlord the right to get payment for leasing the property out.. A contractual lease is often proceeded by an offer to lease.

What should be included in a lease proposal?

<span data-sheets-value="{"1":2,"2":"Like any other formal agreement, a lease proposal needs to feature the parties' names and contact details. Other common sections are the term of lease, renewal options, proposed usage, rent amount, security deposit, inclulsions and exclusions, and assignment or subletting terms. For more detail, check out the PandaDoc template."}" data-sheets-userformat="{"2":15105,"3":{"1":0},"11":4,"12":0,"14":{"1":2,"2":0},"15":"Montserrat","16":8}">Like any other formal agreement, a lease proposal needs to feature the parties’ names and contact details. Other common sections are the term of lease, renewal options, proposed usage, rent amount, security deposit, inclusions and exclusions, and assignment or subletting terms. For more detail, check out the PandaDoc template.

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Lease Proposal Template

Dear TENANT PROSPECT —

This Lease Proposal document outlines the proposal terms for lease of the premises described above to you, TENANT NAME (“Prospective Tenant”), by LANDLORD NAME (“Landlord”). If you are interested in proceeding, the full Lease Agreement will be prepared and submitted to you for review and signature.

Term of lease

Commencing on BEGIN DATE and ending on END DATE

Renewal option

Description

Proposed usage

Description

Rent

Monthly rent

Security Deposit

Description

Inclusions

Inclusions items

Exclusions

Exclusions items

Assignment or subletting

Assignment options

Other items

Lease Agreement

A formal, written lease agreement would be executed between the Parties that would become the final agreement between them.

If you are interested in proceeding to finalize a formal, written Lease Agreement under the scope set out above, please contact CONTACT NAME at CONTACT PHONE OR CONTACT EMAIL at your earliest possible convenience.

This Lease Proposal Template does not constitute a contract, or an offer to contract, but rather an invitation to proceed with further actions by the Parties towards execution of a formal agreement between the Parties.

LANDLORD NAME

ADDRESS

CITY, STATE ZIP

COUNTRY

Useful resources

Lease Proposal FAQ

An offer to lease, a.k.a. a lease proposal, is a document in which the landlord outlines the terms of leasing their property to the prospective tenant.

A landlord and a tenant/lessee sign a lease to guarantee their rights. On the one hand, it’s the property use right. On the other hand, the lease guarantees the landlord the right to get payment for leasing the property out.. A contractual lease is often proceeded by an offer to lease.

Like any other formal agreement, a lease proposal needs to feature the parties’ names and contact details. Other common sections are the term of lease, renewal options, proposed usage, rent amount, security deposit, inclusions and exclusions, and assignment or subletting terms. For more detail, check out the PandaDoc template.