Concession
An incentive a landlord offers to attract or keep a tenant, such as a free month or reduced rent. It lowers the effective rent without changing the headline rate on the lease.
- A discount to win a tenant
- Write it into the lease
- Often a free first month
Where it matters
Look up the term in your agreement, report or local rule. Save the source and date so you can check the wording later.
Explore the related rental resource →This page is general education. The current law, program rules, and specific housing records determine how a rental home is treated. Rentari provides software and written guides, not legal advice or licensed property management.
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