CRE Definition: Lease Expiration

CRE Definition: Lease Expiration


CRE Definitions Series: Lease Expiration

Most leases have a start and ending date spelled out in a lease document. The last day of the lease should be clearly defined in the lease agreement or an addendum if occupancy didn’t start on time. Tenant must be out of the space on the last day of the lease or they may have to pay additional rent and hold over fees.

 

 

 

 


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