The Non-Binding Letter of Intent to Lease is a crucial preliminary document in Malaysian real estate transactions, typically used when a prospective tenant has identified a suitable property but needs to formalize their interest before proceeding with detailed lease negotiations. This document, while not creating legally binding obligations, serves to document the basic commercial understanding between parties and often forms the basis for drafting the final lease agreement. It's particularly useful in commercial property transactions where detailed due diligence and negotiations may be necessary. The document typically includes proposed lease terms, property details, and timeline for negotiations, while clearly stating its non-binding nature. Under Malaysian law, this document helps parties progress towards a formal lease agreement while maintaining flexibility during the negotiation phase.

1. Letter Header: Date, recipient details, and property address

2. Introduction: Identifies the parties and their roles (prospective landlord/tenant)

3. Expression of Interest: Clear statement of intent to lease the specified property

4. Property Details: Brief description of the property and proposed use

5. Key Commercial Terms: Proposed rental rate, lease term, estimated commencement date

6. Non-Binding Nature: Clear statement that this is a non-binding expression of interest

7. Next Steps: Proposed timeline and process for negotiating formal lease agreement

8. Closing: Signature blocks and contact information for further communication