Finance & Business

Sep 12 2021

Non rental property management-Non rental property management

Non rental property management Non rental property management Important news today Non rental property management Leasehold Improvement What Is a 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. While the useful economic life of most leasehold improvements is five-to-10 years, …

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