An Intent Letter For Renting A Space is a crucial preliminary document in Hong Kong's commercial real estate practice, typically used before entering into a formal lease agreement. This document serves as a structured way to initiate lease negotiations and document the parties' initial understanding of key terms. While predominantly non-binding, it demonstrates serious intent and typically includes proposed rental rates, intended lease duration, property details, and any specific conditions that need to be met. The document operates within Hong Kong's legal framework, particularly under the Landlord and Tenant (Consolidation) Ordinance and general contract law principles. It's especially useful in complex commercial leases where detailed negotiations are anticipated, helping to streamline the path to a final lease agreement by documenting the core commercial terms early in the process.

1. Date and Parties: Opening of letter identifying the sender (prospective tenant) and recipient (property owner/landlord) with full legal names and addresses

2. Property Description: Specific details of the space intended to be leased, including address, floor, unit number, and approximate square footage

3. Commercial Terms: Key financial terms including proposed rental rate, estimated commencement date, and intended lease duration

4. Intended Use: Statement of the intended use of the premises and any required licenses or permits

5. Key Conditions: Major conditions that need to be satisfied before entering into a formal lease agreement

6. Timeline: Proposed timeline for negotiations, due diligence, and execution of the formal lease agreement

7. Non-Binding Nature: Clear statement that the letter is non-binding except for specified provisions

8. Signature Block: Space for signatures of both parties to acknowledge the letter