A lease proposal is usually made by a real estate broker where the details of a lease are put down, not as a binding agreement, but in order to start the negotiations between lessee and lessor. A lease proposal primarily includes information about the property, the rent, security deposit, notice period, maintenance terms and conditions and any other relevant information. Once the proposal is accepted, a formal agreement can be created between lessee and lessor based on the information provided in the lease proposal.

Sample Lease Proposal:

Name of landlord: John Adams

Address: 22 Kingston Avenue, London

Name of tenant: Gary Jones

Address: 82 West Drive, London

Premises location: 21 Shilling Road, London

Premises area: 1,000 sq feet

Rent: 500 pounds per month plus utilities bills

Lease proposal prepared on: November 29, 2011

Proposal prepared by: Will Shining

Broker, Mid-town Properties

Proposal submitted on: December 1, 2011

Purpose: The purpose of this proposal is to clearly outline the basic terms and conditions of the property so that the landlord and tenant can come up with an agreement based on this information

Details of Lease proposal:

  • The tenant shall pay the landlord a refundable security deposit of 1,000 pounds in addition to the first month’s rent
  • Both parties will give each other a one month’s notice before clearing the premises
  • If the landlord and tenant are happy with the terms and conditions in the proposal, they can go ahead with the process of creating a formal agreement.

Proposal signed and approved by:

Landlord: __________

Tenant: __________