| Term | Definition |
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| Use of Premises |
Defines the allowed use of the Leased Premises such as for office, warehouse purposes or the retail sale of certain products or services. No other use of the Leased Premises is allowed without Landlord's consent. Learn More Definitions from Barron's Dictionary of Real Estate Terms >> Aliases (separate with |): Allowed Use
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| Vanilla Shell |
The condition of a first generation space for lease described as a space outfitted with only basic improvements such as white drywall, exposed concrete floor, bathroom, air conditioning, and with plumbing, electrical and fire sprinklers also in place. Different landlords may include fewer or more interior improvements as a part of their standard vanilla shell outfit. A second generation space could also be demolished and brought back to a vanilla shell condition. Learn More Definitions from Barron's Dictionary of Real Estate Terms >> |
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