An Agreement to lease Agreement to Lease is a binding contract between the landlord of a commercial property and a prospective tenant, outlining the basic details of the lease. It is a preliminary short form document, which is normally prepared by a commercial real estate agent.
An Agreement to Lease is a temporary document until a full lease is excuted and contains only the basic information agreed on by the Landlord and Tenant, e.g.term of lease, rental and brief description of premises, and also any conditions or additional terms agreed to between the parties.
The Agreement to Lease is then send to the Landlord---------------- lawyer for the Deed of Lease to be prepared using the information in the Agreement to Lease. The Deed of Lease will contain the full details of the lease.