Inducements

These may include among other things (1) rent free periods and (2) reverse premiums.  Reverse premiums are payments made by the Landlord to the Tenant.

Inducements may be granted for two reasons:

  1. to encourage the Tenant to take a Lease of this Property as opposed to another properly;
  2. as a contribution to, or payment of, the cost of repairs or alterations to the Property necessary to enable the in-going Tenant to trade from the Property and for the time that it will take to do those works.

 

 

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