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How to Set a Lease Commencement Date
Setting a workable commencement date for a lease to begin is one of the most important aspects of lease negotiations. But it often isn’t thought through by either owners or tenants. As with many overlooked parts of a lease deal, it takes a back seat to big ticket items like cotenancy clauses, renewal options, and use provisions. However, so many things depend on when the lease begins, you need to make an informed decision about how you should set a lease commencement date.