Property Management
A Pennsylvania commercial landlord who provides 'tenant improvement (TI) allowances' is:
ARequired to do so under RELRA
BProviding a contribution toward the tenant's build-out costs as a lease incentive✓ Correct
CReducing the tenant's rent in lieu of improvements
DTaking over the tenant's renovation responsibilities
Explanation
Tenant improvement allowances are a landlord's contribution toward customizing the space for the tenant — typically expressed as a dollar amount per square foot. TI allowances are a common negotiating point in Pennsylvania commercial leases, particularly in new construction and competitive markets.
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