Facility Planning: What Else to Include in the Proposal
In a previous chapter we showed you an example of a typical proposal (also known as an "Intent to Lease") that we often see here in Orange County, Ca. While that example covered the basic issues, the format does create some intrinsic problems. As a tenant, you should be aware of these shortcomings. After all, it is your money.
Why should you be more complete?
There are two reasons for being as complete as you can in writing an offer. First, you don't want to get to lease documents and find yourself arguing over deal points both parties thought were either agreed to or had never been addressed before. Secondly, the attorney who finally reviews the lease and drafts the documents probably never participated in the negotiations. Essentially, things slip through the cracks. In addition, certain comments may not make sense unless you understand the whole picture.
What We Like to See:
Consider the form below as a starting point. While it has met our needs, you may find your market area has certain specific issues that need to be addressed.
Here’re illustrated examples and clarifying comments.