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Real Estate Glossary

Expansion Rights

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Written by Kevin Coulston

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.

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.

About the author

Kevin Coulston