Home-based businesses are quickly becoming the fastest growing form of business start-ups in America. In fact, over half of the 600,000 new businesses founded each year are grown out of someone's home office of basement.
Rent-free periods are durations during a lease when tenants are not required to pay rent. Landlords offer these periods as incentives to attract tenants or to compensate for tenant improvements or delays. Rent-free periods typically occur at the start of a lease and are factored into the overall rental agreement.