Free LOI generator for brokers
Type the deal.
Get the LOI.
Write the terms the way you'd say them on the phone, or drop in the landlord's proposal. We fill in the letter of intent, ask only what's missing, and hand you a Word file on your letterhead.
- Free, no account needed.
- We never invent a number you didn't give us.
- When the lease comes back, we check it against this LOI.
Type it the way you'd say it on the phone. Shorthand is fine.
Questions brokers ask
What terms does the LOI cover?
Landlord and tenant, premises and suite, size, permitted use, lease type, term, target start date, base rent, annual increases, tenant improvement allowance, free rent, options to extend, security deposit, contingencies and your contact details.
Can I just type the terms?
Yes. Type the deal in shorthand, like "2,400 SF, $38 NNN, 3% bumps, 10 years, 4 months free", or drop in the landlord's proposal as a PDF or Word file. We fill in what you gave us and ask only for what's missing. We never make up a number you didn't give us.
Can it go on my brokerage's letterhead?
Yes. Add your logo, brand color, office address and license number once, and every LOI you make carries them.
Is the LOI binding?
The generated document states that neither party is bound to lease until a definitive lease is executed by both. Actual legal effect depends on the wording and applicable law. Have counsel review the document before sending or signing.
What format does it export?
A Word .docx, so you can edit it in the tool your counterparty and counsel already use. Nothing is locked to this site.
Which lease types are supported?
NNN, gross and modified gross. The structure you pick changes how the operating expense terms are stated, because a triple net LOI needs the estimated nets and a gross LOI needs the base year.
Why does the LOI matter so much?
An LOI records proposed business terms for the lease drafting process. Clear amounts, units and assumptions make later comparisons easier. Unresolved terms should remain identified as open.
Does it cost anything?
No. Writing and downloading LOIs is free, with no account needed. When the lease draft comes back, the first draft review is free too; later drafts are part of Pro ($89/month).