Set High 'Soft Cost' Limits in TIA Clause

July 31, 2014
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During lease negotiations you and the owner of the space you’re considering renting will probably discuss a tenant improvement allowance (TIA) that will help you pay for the cost of altering your new office building or shopping center space. This discussion is important. After all, a budget that doesn’t provide for all of the necessary improvements could threaten your ability to complete construction work.

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