Real Estate Glossary

Concessions

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Richard Wilson
Written by Richard Wilson

Also known as an inducement, concessions are cash equivalents or cash dispersed by a landlord in the formation of additional tenant finish allowance, rental abatementmoving expenses, cabling expenses, and others. The goal of these concessions is to induce the tenant to sign a lease.

Also known as an inducement, concessions are cash equivalents or cash dispersed by a landlord in the formation of additional tenant finish allowance, rental abatementmoving expenses, cabling expenses, and others. The goal of these concessions is to induce the tenant to sign a lease.

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Richard Wilson

Richard Wilson

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