Offer To Lease Template (Page 2 of 7) in pdf

Offer To Lease Template Page 2

Dear Sirs,

I/We agree to lease the below mentioned premises upon the terms and conditions set out

below which have arisen out of my/our negotiations with your agents. This is a firm offer

of my/our intention to rent the subject property and furthermore to sign a formal lease

(should this be required), make deposit , pay cost of Stamp Duty, cost of Lease and first

monthly rent available on request.

PREMISES

…………………………………………………………………

BASIC RENTAL

R....………......……....... (plus VAT of R…………….........) per month

payable monthly in advance from the first day of the month during which

occupation is taken by the Lessee. The basic rental shall escalate at a rate

of ......% per annum compounded on the anniversary date of each year

during the initial period.

OPERATING COSTS

The tenant’s pro-rata share of the operating costs shall be R.…………......

(plus VAT of R..…………………….....) per month at the commencement

date of the lease and shall escalate by .......% per annum compound on the

anniversary date of each year during the initial period.

Offer To Lease Template Page 2