A concession is only as safe as its written addendum. Some agreements condition the discount on completing the lease or staying current, and may require repayment after certain breaches or early termination.
What is happening underneath
The marketing number lives on the listing. The clawback lives in the addendum. Compare both before treating the discount as savings.
Find thisConcession addendum
Then thisEarly-termination section
Do not missRenewal or holdover rent language
Your three moves
- Identify every event that cancels the concession.
- Calculate the maximum repayment exposure.
- Keep the signed promotion and lease together.
Use this sentence
“Which section says when this concession can be revoked or repaid, and what is the maximum amount I could owe?”
What to watch for
Verbal promises about renewal pricing or fee waivers are difficult to enforce. Put every promise in the signed documents.
Official starting points
Rules, programs, and deadlines can change. Start with the current official pages below and the documents in front of you.