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Real Estate Glossary

Construction Allowance

inflation calculator
Written by Richard Wilson

This is the amount a landlord will supply for the total cost of construction or alteration that is necessary to prepare a space for a new tenant’s occupancy. Typically, this is an established amount, but it is negotiable.

This is the amount a landlord will supply for the total cost of construction or alteration that is necessary to prepare a space for a new tenant’s occupancy. Typically, this is an established amount, but it is negotiable.

About the author

Richard Wilson