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In commercial real estate, a tenant inducement (TI) is some sort of consideration given by a landlord in order to attract a new tenant or have an existing one renew their lease. Depending on the contents, the concept may be known as a concession or rent abatement, instead of inducement. There are several different forms of inducements.
The New York State Division of Housing and Community Renewal (DHCR) is an agency of the New York state government [1] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the State ...
Britain acquired Hong Kong Island in 1842, Kowloon Peninsula in 1860, and leased the New Territories rent-free [1] in 1898.. The Convention between the United Kingdom and China, Respecting an Extension of Hong Kong Territory, [2] commonly known as the Convention for the Extension of Hong Kong Territory or the Second Convention of Peking, was a lease and unequal treaty signed between Qing China ...
It is the net present value of all the rental payments over the period of the lease, as well as any abatements or incentives that might add to or lower these payments. An example of a lowered payment is a month of free rent offered to a tenant as an inducement to renew a lease, or an allowance that can be used to offset the costs of a tenant's ...
Another variation of the NNN lease is the NN lease, or "Net-Net" lease, which is pronounced "double net" where the "net" amounts generally are property tax and insurance. [1] Double net leases, like triple net leases, are usually, though not always, single-tenant arrangements. However, the landlord carries some extra financial maintenance ...
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