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An Intent Letter For Renting A Space is a crucial preliminary document in New Zealand's property leasing process, typically used before entering into formal lease negotiations. This document is particularly valuable when parties need to establish their initial understanding and commitment to negotiate a lease agreement while maintaining flexibility. It outlines key terms such as proposed rental rates, intended use of space, and timeline for negotiations, while clearly stating its non-binding nature. Subject to New Zealand legislation, including the Property Law Act 2007 and Contract and Commercial Law Act 2017, this document serves as a strategic tool for both landlords and tenants to align their expectations and document their intentions before investing significant time and resources in formal lease negotiations. It's especially useful in complex commercial leasing situations or when parties need to secure preliminary commitment before proceeding with due diligence or detailed lease negotiations.

1. Sender and Recipient Details: Full legal names and addresses of both parties

2. Date: Date of the letter

3. Subject Line: Clear indication that this is a Letter of Intent for renting specified space

4. Introduction: Brief introduction stating the purpose of the letter and intention to enter into lease negotiations

5. Property Details: Specific description and address of the space intended to be rented

6. Key Terms: Outline of principal terms including proposed rental rate, term length, and intended use of space

7. Timeline: Proposed timeline for negotiations and intended occupation date

8. Non-Binding Nature: Clear statement that this is not a binding agreement to lease

9. Next Steps: Outline of the expected process moving forward

10. Closing and Signature: Formal closing, signature blocks for both parties