Multiple Choice
When securing a new tenant for a commercial rental property, the owner of the property might incur an additional expense that amounts to the cost of refurbishing the rental space to meet the needs of the tenant's business. The allocation of money for this added expense is more commonly referred to as a(n) :
A) tenant improvement allowance
B) concession
C) sublease
D) expense stop
Correct Answer:
Verified
Correct Answer:
Verified
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