Free Rent
An inducement for a tenant to lease space. The amount of time the tenant may occupy the property without paying rent is usually based on the supply and demand for space and the length of the lease.
More Real Estate Definitons
Fire WallProbate SaleMillworkGambrel RoofFoyerX-BracingExpressRight of UseHome OccupationWater-GageMasonry WallMAHIn PerpetuityNovationGutterSubrogationPHARodMeterOfficer’s deedDouble FloorVendor’s LienAuxiliary LaneHard CostsYieldKelp-ShoreGround RentR.E.O.Tenant At WillBridgeYard LumberArbitrageWorking CapitalWarrantyZygocephalumBusiness CyclesOriginationHoldover TenantYardKilogramJalousiesCemetery