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When Securing a New Tenant for a Commercial Rental Property

question 17

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When securing a new tenant for a commercial rental property, the owner of the property might incur an additional expense that amounts to the cost of refurbishing the rental space to meet the needs of the tenant's business. The allocation of money for this added expense is more commonly referred to as a(n) :


Definitions:

Non-Navigable Stream

A waterway that is not suitable for commercial boat transportation due to its size, depth, or other characteristics.

Subdivision

The act of dividing land into pieces that are easier to sell or develop.

Common Fence

A barrier or boundary that is shared, maintained, and used by two or more neighboring properties.

Foundation

An entity established to allocate funds or support to causes and activities according to its mission, often for charitable, educational, or research purposes.

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