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A Fixturization period is time allowed to access a leased space for construction and store build out. Normally you will see a 5 year lease commencing after a 3 month fixturization period. i.e. tenant has possession of the space for 63 months
Rent abatement is any free or discounted rent given within a lease term. i.e. 3 months of free rent. Always ask for 6 months of free rent and negotiate from there.
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What is the difference between an expense and an asset?
An asset will have benefits extending into the next accounting period
What is a prior tax abatement?
A prior tax abatement refers to a reduction or exemption from property taxes granted to a property owner for a specific period, typically as an incentive for development or investment in a particular area. This financial relief can help stimulate economic growth by encouraging construction, renovation, or other improvements. The term "prior" indicates that the abatement was granted in the past and may have already expired or been utilized. It is often part of local government initiatives to attract businesses and enhance community development.
What is the difference between prepaid expense and advance payment?
Prepaid expense is a payment which relevant to services which expected to delivered in the next accounting period, while advance expense is an expense paid in advance for services expected to delivered in the current accounting period.
What is the difference between a budget and a capital budget?
A budget is a financial plan for the upcoming period. A capital budget, on the other hand, involves an organization's proposed long-range major projects.
Difference between Income statement and Profit and loss account?
Income statement shows only income of the concern in a particular period but Profit and loss statement shows both income and expenditure of a firm or concern for a particular period as well as it helps to know the performance of the organisation....
What is an abatement period?
An abatement period is the amount of time permitted for someone to reduce or eliminate something that is required to be reduced or eliminated. When speaking of legal or regulatory violations, it is the amount of time permitted to correct the violation.
What is the difference between the rose period and the blue period?
The difference between the rose period and the blue period is that the rose period started when Pablo found the love of his life, but the blue period started when his best friend died.
What does without abatement mean in a child support order?
Abatement means temporary suspension of a child support order. Child support continues to accrue but isn't payable immediately for a set period of time.
What is the Difference between period and frequency?
Time period = 1 / frequency. Frequency = 1 / time period.
What is the difference between a planets period of rotation and period of revolution?
The difference between the rotation and revoulution is that rotation is the spiinning of the planet on its axis and revoulution is the orbiting of the planet around the sun.
What is the difference between planets period of rotation and period of revolution?
The difference between the rotation and revoulution is that rotation is the spiinning of the planet on its axis and revoulution is the orbiting of the planet around the sun.
What is the difference between the period and the frequency of an object?
Time period = 1 / frequency. Frequency = 1 / time period.
What is the difference between election and campaign period?
The election is the end - and final result - of the campaign period.
What is the difference of a planets period of rotation and period of revolution?
The difference between the rotation and revoulution is that rotation is the spiinning of the planet on its axis and revoulution is the orbiting of the planet around the sun.
Difference between pooling of risk in shortterm and longterm insurance?
terms period
What is the difference between an annuity and a perpetuity?
The main difference between an annuity and a perpetuity is that an annuity has a set period of payments, while a perpetuity provides payments indefinitely.
Is there a difference between period blood and regular blood?
Yes, there is a difference between period blood and regular blood. Period blood is a mixture of blood, tissue, and uterine lining shed during menstruation, while regular blood is the blood circulating in the body's blood vessels.
