Fast answerA period before rent commencement when the tenant may access premises to complete approved work, subject to the lease.
Why it matters
Its value depends on possession, permits, building access and which charges begin during the period.
What to request
Confirm access date, permitted work, insurance, utilities, additional rent, delay allocation and rent commencement.
Planning example
Place fixturing and construction on the critical path to occupancy. The example organizes arithmetic or evidence only; the transaction documents and facts determine the result.
Related decisions
Connect this term to the area, cost, building, flexibility and document provisions elsewhere in the office decision file.
Evidence boundary: office availability and quoted economics change. Confirm current premises, authority, area, costs, permitted use and documents for the specific transaction. Read the methodology.