Rental Concessions

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January 1, 1 6 min read Definitions
Effective Rental Rate
Effective Rental Rate Real Estate Rental Concessions Leasing Commercial Real Estate Property Management Lease Negotiations
The effective rental rate calculates the true cost of renting a property by taking into account rental concessions over the lease's duration. This provides a more accurate measure for both tenants and landlords compared to the asking rent.
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