Commercial Lease Heads of Terms Template​

This document helps both parties ensure that they are aligned on the major aspects of the lease before proceeding with formal legal contracts. By clarifying expectations in advance, the Heads of Terms can help prevent misunderstandings and simplify the drafting of the final lease agreement.

Though not legally binding, the Heads of Terms often sets the tone for the subsequent negotiations and can be a useful point of reference for legal advisors. It is commonly used in commercial settings to outline the structure, responsibilities, and rights involved in a business lease arrangement.