Rent free period

A period at the beginning of a tenancy during which no rent is payable by the tenant. It is given:

  • As an inducement to the tenant to enter into the lease which does not affect the headline rent (www.practicallaw.com/A36238); or

  • Recognition of the fact that until the tenant’s fitting out works are complete, it cannot use the premises for its business.

{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247245060861", "objName" : "Rent free period", "userID" : "2", "objUrl" : "http://us.practicallaw.com/cs/Satellite/us/resource/8-107-7141?source=relatedcontent", "pageType" : "Resource", "academicUserID" : "", "contentAccessed" : "true", "analyticsPermCookie" : "274fc4b9f:14576edd69e:6f5e", "analyticsSessionCookie" : "274fc4b9f:14576edd69e:6f5f", "statisticSensorPath" : "http://analytics.practicallaw.com/sensor/statistic" }