tenant improvement allowance

Definition

The specified amount of money that the landlord contributes toward tenant improvements.

Use this term in a sentence

Upon completion of its recent office complex the builder was offering a generous tenant improvement allowance to increase overall occupancy.

​ Was this Helpful? YES  NO 8 people found this helpful.

The tenant improvement allowance was well received by the tenants who would always appreciates upgrades to their living conditions on the property.

​ Was this Helpful? YES  NO 2 people found this helpful.

An older couple was renting an older home and had made provisions in the rental agreement for a tenant improvement allowance which was a benefit to both parties.

​ Was this Helpful? YES  NO 4 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
tenant contributions tenant improvement (TI)