Tenant Improvement Work Letter (1)

Tenant Improvements vs. Landlord’s Work Letter

What happens when the Tenant Improvement (TI) allowance is not enough to cover the cost of the landlord’s turnkey construction?  Tenants often find themselves paying the difference in the cost.  So how should you handle the TI allowance issue when costs exceed the landlord’s offer? Whether the cost of improvements are over or under the allowance, […]

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