What is rent-free housing?

What does rent-free mean? Rent-free period means rent reduction. Customers usually ask the landlord to give the customer a certain amount of time on the grounds that the house needs simple decoration and layout. During this period, the landlord will not charge the rent to the customer. For example, sign a one-year lease contract, which says rent-free for one month (usually one month).

When actually signing a contract, rent-free includes decoration-free and operation-free. This difference depends on the reasons of rent-free period and rent-free period.

Rent-free decoration means that after delivery, the owner has to redecorate the house, handle relevant registration, handle relevant documents and recruit employees. It can be regarded as the preliminary work before business. At this stage, the lessor can't use the real estate to obtain operating income, but this kind of preparation work is the necessary cost of future business activities. Therefore, for the convenience of the contract, the lessee will usually reduce or exempt the rent during this period according to the business cooperation relationship between the two parties. This is not only a kind of support for the lessee, but also conducive to its future operation, so that the lessee can obtain higher rental income.

Therefore, the rent-free period for decoration usually starts from the date of delivery and ends in a certain period of time. The end is usually an application made by the lessor to the lessee. Therefore, in the contract, the term of rent-free usually refers to a fixed time, which is legally a term. Therefore, regarding the deadline for rent-free renovation, tenants and tenants need to have better expectations in future operations, and make specific agreements in the following.

Rent-free period is usually because the lessee is in the initial operation stage, because the whole commercial project of the property is in the initial stage, the lessee's personnel and equipment are still in the initial running-in stage, the economic benefit is in the initial stage, and the income level is low. Therefore, in order to share this risk of the lessee reasonably, the lessor will give a certain business exemption period according to its actual situation. In other words, the lessee can waive any rent or other expenses from the business day to the specified time.

The above is the main content of rent-free housing. I believe everyone knows about these contents. I hope this article can give you some help.