tenant improvements (TI)
Definition
Changes made to the interior of a commercial or industrial property by its owner to accommodate the needs of a tenant such as floor and wall coverings, ceilings, partitions, air conditioning, fire protection, and security. Who bears what portion of TI costs is negotiated between the lessor and the lessee, and is usually documented in the lease agreement.
tenant improvements (TI) is in the Accounting & Auditing, Corporate, Commercial, & General Law and Real Estate & Buildings subjects.
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