Set High 'Soft Cost' Limits in TIA Clause

Set High 'Soft Cost' Limits in TIA Clause

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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