The Intent to Lease Form is a crucial preliminary document in Canadian real estate transactions, serving as a bridge between initial property interest and the execution of a formal lease agreement. This document is typically used when parties have agreed in principle to a lease arrangement but need to formalize their intentions and establish a framework for the final lease negotiation. The form includes essential elements such as property details, proposed terms, deposit requirements, and any conditions that must be met before proceeding to a formal lease. While primarily non-binding, certain provisions like deposit terms and exclusivity periods may create immediate obligations. The document must comply with relevant provincial property laws and tenancy regulations, making it essential to adapt the form to specific provincial requirements. An Intent to Lease Form is particularly valuable in complex commercial leasing situations or when significant due diligence is required before finalizing a lease agreement.

1. Property Identification: Detailed description of the premises including address, unit number, and any included parking or storage spaces

2. Parties: Full legal names and contact information for both the prospective landlord and tenant

3. Proposed Lease Terms: Key terms including proposed rent, lease duration, intended start date, and intended use of property

4. Deposit Terms: Amount of any deposits required, when they are due, and conditions for refund

5. Due Diligence Period: Timeframe for tenant to conduct any necessary inspections or reviews

6. Conditions Precedent: Any conditions that must be met before proceeding with the formal lease

7. Exclusivity Period: Period during which the landlord agrees not to lease the property to other parties

8. Signature Block: Space for all parties to sign and date the document