Posts tagged offer to lease.
Posted in Commercial Leasing
It is common practice in lease negotiations for the parties to begin by informally negotiating the major lease terms. When the parties reach consensus on these major terms, they execute an offer to lease. Such offer may be binding or non-binding. A binding offer to lease is a contract itself and is enforceable. Both parties should carefully consider whether they want the ...
Tags: binding agreement, offer to lease
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