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91ÊÓÆµ Dictionary: Rent abatement

By: 91ÊÓÆµ Staff//May 5, 2010//

91ÊÓÆµ Dictionary: Rent abatement

91ÊÓÆµ Staff//May 5, 2010//

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rent abatement: any portion of rent that doesn’t have to be paid. Typically landlords won’t make new commercial tenants pay the first month’s rent because they are just moving in and are not ready for business. In other cases the landlord may give even more rent abatement as a way to attract tenants.



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