As brokers, we refer to this as “BO”. Simply put, it is a free rent period. Some Landlords offer tenants a few weeks or months free of rent in order to assist the new tenant moving in and setting up. It also incentivises the new tenant. Most listed Landlords offer 1 month free of rent for every year that the tenant leases. In that case, a 3 year lease would give you 3 months free of rent.
Ask Ash is a national property brokerage. We specialize in the leasing of offices, retail shops and warehouses throughout the Western Cape, Gauteng and PE. We are able to present stock, view properties, negotiate, submit signed offers and close a deal within 24 hours. We also provide our customers with 24 hour support, 7 days a week. Fast communication is key and we understand your need for speedy responses and efficiency. See what our customers think of our personalised broking service.
Remember that our services to you as a Tenant will always be free of charge, the Landlord pays our professional fee.
Contact ash@askash.co.za
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