If representing a landlord, you will need an exclusive listing agreement which can be found in Dotloop under MAINSTREET ORGANIZATION OF REALTORS INTERACTIVE FORMS.
IL – Commercial Property Exclusive Right to Sell / Lease Agreement (MOR). You are able to list the property on the MLS or sites like Loopnet for an additional fee.
If representing a tenant looking for a commercial spaces, properties can be viewed on sites like Loopnet.com or on the MLS.
Terms of the deal are negotiated between both the two parties via a LOI (Letter of Intent). We highly recommend that you use this LOI (Letter of Intent) attached below.
For a commercial lease, please refer to the Dream Team List on the home page for recommendations for preferred attorneys to draft the lease once the both sides have agreed and the LOI (Letter of Intent) has been fully executed.
No disclosures are required for commercial deals.
For additional information or support please contact Tim Littleton (tim@kalerealty.com) or Risa Weiss-Kallis (risa@kalerealty.com)
Please see attached copy of the sample lease and LOI.
Download the Letter of Intent:
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