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Hi, Im Michael Goldin. Today at Lease-Review, were going to go over the differences and considerations that need to be given to the lease commencement date, the tenant access or occupancy date, and the rent commencement date. The plain definition of the lease commencement is the point in time in which the relationship between the tenant and the landlord actually begins. In its simplest form, the lease commencement occurs simultaneously with the tenant access or occupancy and the beginning of the payment of rents. However, these three dates can occur at three separate points in time. The first to occur would be the tenant access or occupancy date. The landlord often allows the tenant early access to the space so that they can ready the space for their specific use. Sometimes, this is to perform a build-out and perform all the construction that goes along with that, it can include moving in furniture, or it can include IT. Okay, so the big question is whos responsible for expenses du
