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What is a Lease Commencement Date?

Lease Commencement Date Lease commencement date is the date when lease term officially begins and tenant obligations including rent payments start, marking when tenant takes possession of property and becomes responsible for operating expenses and maintenance under lease agreement terms.

What It Determines

  • When rent payments begin due from tenant to landlord
  • Lease term duration calculated from commencement date forward
  • Tenant possession rights beginning and property access
  • Operating expense and maintenance responsibilities starting

Common Considerations

  • May differ from lease signing date when agreement executed
  • Often tied to property readiness for tenant occupancy
  • May include rent-free period before actual commencement
  • Critical for calculating lease expiration and renewal dates

Lease commencement date marks when lease term officially begins, rent payments start, and tenant takes possession becoming responsible for property obligations under lease agreement.

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