Amperage

U 800 450 Leasing REality | Commercial Real Estate Education

U

Unamortized Cost: The actual cost of an asset or concession less the depreciation or amortization of such item, generally on a straight line basis (e.g., landlord’s work and/or a brokerage commission,…

read more
E 800 450 Leasing REality | Commercial Real Estate Education

E

Early Access: A provision in a lease allowing the tenant access to the space prior to receiving possession, without the payment of rent, during the latter part of landlord’s construction in…

read more
A 800 450 Leasing REality | Commercial Real Estate Education

A

Abatement: The reduction or elimination of a portion of rent during the lease term. Commonly referred to as “free rent,” “rent abatement” or a “rent concession.” An abatement may be…

read more