Historically, businesses only measured their performance from profitability but in the current era where climate change has become an area of concern, corporate social responsibility can’t be overlooked.
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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.