Allowance Over Building Shell

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Glossary of Terms

Allowance over Building Shell
Most often used in a yet-to-be constructed property, the tenant has a blank
canvas upon which to customize the interior finishes to their specifications.
This arrangement caps the landlord's expenditure at a fixed dollar amount over
the negotiated price of the base building shell. This arrangement is most
successful when both parties agree on a detailed definition of what construction
is included and at what price.







































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