Property Management
A Kansas commercial lease's 'commencement date' is important for property management because it:
AIs when the tenant must begin paying rent unless there is a rent-free buildout period✓ Correct
BIs always the same as the lease execution date
CHas no significance since rent begins upon occupancy regardless
DIs determined by KREC for all commercial leases
Explanation
The commencement date triggers the start of the lease term and typically (unless a free-rent period is granted) when rent obligations begin. It may differ from the execution date if there is a buildout or free-rent period.
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