§ 162.414. May permanent improvements be made under a business lease?
59 words·~1 min read·
/us/cfr/t25/s§ 162.414·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The lessee may construct permanent improvements under a business lease if the business lease specifies, or provides for the development of:
(a)A plan that describes the type and location of any permanent improvements to be constructed by the lessee; and
(b)A general schedule for construction of the permanent improvements, including dates for commencement and completion of construction.