REoptimizer® Blog

LOI Common Terms in Commercial Real Estate

Posted by Don Catalano on Aug 14, 2017

When writing a commercial loi for space that you are looking to lease, it is important to cover all of the important business points that you will want to have the landlord include in the final lease document. This way, you can come to a business agreement on terms that you find acceptable before getting caught by surprise by non-favorable language written by the landlord or his attorney.

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Topics: commercial real estate, letter of intent, commercial loi, commercial LOI's

3 Must-Follow Commercial LOI Tips

Posted by Don Catalano on Apr 10, 2017

Signing a commercial loi to lease new space for your company can be like walking a tightrope. On one hand, you want to get the best deal possible while at the same time you also don't want to negotiate so aggressively that you talk yourself out of a great space. Here are some basic principles that can help get your next commercial loi accepted.

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Topics: commercial real estate, letter of intent, commercial loi

Commercial Letter of Intent Tips for Tenants

Posted by Don Catalano on Oct 12, 2015

Some tenants enter space negotiations by touring potential sites with their broker then sending out a request for proposals. The RFP process lets tenants collect offers from landlords without revealing a great deal. However, there might be times when you want to directly enter into a negotiation with a landlord. In those instance, you and your broker can choose to submit a letter of intent and bypass the RFP process.

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Topics: letter of intent