These legal rights are given by a landlord to a tenant to inhabit an additional leasable area in a building. They are often only used when tenants have a high degree of negotiation leverage as expansion rights can limit the landlord’s ability to lease the building.
Expansion Rights
These legal rights are given by a landlord to a tenant to inhabit an additional leasable area in a building. They are often only used when tenants have a high degree of negotiation leverage as expansion rights can limit the landlord’s ability to lease the building.