Ulrich signs a three-year lease because of the large discount in base rent offered by the landlord for a multi-year contract.What is this an example of?
A) initial base rent
B) contract extensions
C) leeway
D) inducements

Question

Quizplus · Accepted Answer

This is an example of an inducement where the landlord is offering a discount on base rent to entice the tenant to sign a longer lease.

Ulrich Signs a Three-Year Lease Because of the Large Discount