💼 LOI vs Lease Agreement 📝: Know the Key Differences Before You Sign

Bill Rapp, CRE Broker

Published on: 28/05/2025

LOI vs Lease Agreement: What’s the Difference and Why It Matters in CRE When it comes to commercial real estate, understanding the difference between a Letter of Intent (LOI) and a Lease Agreement is crucial—whether you're a tenant, landlord, investor, or broker. These documents serve different purposes in the leasing timeline, and confusing the two can lead to delays, misunderstandings, or even legal disputes.