Property Management
A New Hampshire commercial lease tenant improvement allowance (TIA) refers to:
AA reduction in the tenant's monthly rent
BMoney the landlord provides to help the tenant build out or customize the leased space✓ Correct
CA government grant for small businesses
DAn insurance reimbursement for tenant damage
Explanation
A tenant improvement allowance is a landlord contribution toward the cost of customizing or building out a commercial space for a tenant's specific needs. It is often negotiated as part of the lease terms.
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