Non-binding written summary of agreed deal terms — the basis for lease negotiation.

  • Non-binding written summary of agreed deal terms — the basis for lease negotiation.
  • The LOI is the most important pre-lease document.

LOI (Letter of Intent)

Lease structure · Global

Short definition

Non-binding written summary of agreed deal terms — the basis for lease negotiation.

Full definition

The LOI is the most important pre-lease document. Once an LOI is countersigned, deviating from its terms in the lease draft is a meaningful negotiating challenge. Insist on a thorough LOI — every economic term, every option, every key carve-out should be captured.

Why this matters for Class A leasing

LOI (Letter of Intent) is part of the lease structure vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.

See also