Categories
Investments glossary

Leasehold Improvement

Leasehold improvements are any changes made to a rental property in order to customize it for the particular needs of a tenant. These can include alterations such as painting, installing partitions, changing the flooring, or putting in customized light fixtures. Leasehold improvements can be undertaken either by the landlord—who may offer to do so to increase the marketability of their rental unit—or by the tenants themselves.

Click to rate this post!
[Total: 0 Average: 0]

Leave a Reply

Your email address will not be published. Required fields are marked *