I am writing to you in reference to the telephonic conversation that I had with you yesterday regarding the above mentioned property. Through this letter of intent, I wish to express my interest to lease out the property for the residential purposes for a period of 5 years. With this letter, I, Harry Charles, intend to pay monthly rental of $6500 to Mr. Leo Walt, landlord, against the rental property.
The rental payments would be made by the first week of every month through a cheque signed in the name of the landlord. In cases of late payments of the rents, the late fee of $250 would be charged for the next month. NNN expenses, damage causes, and other stated expenses are to be paid in addition to the base rent.
I request you to kindly reply at your earliest convenience and call me for a personal meeting. I have enclosed lease document for your kind review. For any kind of details, feel free to contact me on 5949933.
Thanking you.
Sincerely,