When does a tenant recieve their tenant improvement allowance?

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When does a tenant recieve their tenant improvement allowance?

2007-11-17 12:48:06 · 4 answers · asked by Tony C 1 in Business & Finance ➔ Renting & Real Estate

4 answers

When ever their lease says.

2007-11-17 12:50:54 · answer #1 · answered by shipwreck 7 · 1⤊ 0⤋

Depends on what deal you worked out with the leasing agent when you signed the lease. Usually you have to do the first portion of the work and send in a draw for the first amount etc. Sometimes you don't get it until the work has been completed. Or it's doled out in phases as you do the work.

2007-11-17 20:57:13 · answer #2 · answered by Weimaraner Mom 7 · 0⤊ 0⤋

For commercial buildings it is once the lease is signed and work has commenced.

2007-11-17 20:50:01 · answer #3 · answered by Anonymous · 0⤊ 0⤋

maybe in 3 years of prompt rent payment

2007-11-17 20:50:43 · answer #4 · answered by anonymouse_man_1 2 · 0⤊ 0⤋