Ground Lease Letter of Intent Template

January 10, 2057

[Recipient Name]

[Recipient Address]

Dear [Recipient Name],

I am writing to express my intent to secure a ground lease on the property located at [Property Address]. I understand that this property is currently available for lease, and I am interested in using it for [Purpose]. As an experienced tenant, I am equipped with the necessary knowledge and resources to maintain and manage the ground lease property.

I have no issues in adhering to the terms of the lease and will make sure to meet my rental responsibilities in a timely and efficient manner. I am proposing a lease term of [Proposed Lease Term] with the possibility of extending it further. Regarding rental payments, I am open to negotiations based on the fair market value of the property and the terms of the lease.

Once agreed, I would like to proceed to execute a formal ground lease agreement immediately to formalize our business arrangement. I look forward to your positive response. I assure you that leasing the property to me would be beneficial for both parties.

Sincerely,

[Your Name]

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