Glossary of Useful Retail Leasing Terms

In the following section, we have defined some of the most commonly used terms in the real estate industry, as referenced in the previous sections of this leasing tool kit. Read on to familiarize yourself with these terms as you progress through your leasing journey.

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Delivery Conditions
The condition of the Premises when Tenant takes receipt of the space from Landlord.
Design Development Drawings
Design Development Drawings are generated to define the size, function and configuration of spaces, the operation or use of equipment, and the materials for all the principal building structures and systems.