Lease Commencement Date:

The lease commencement date is the date on which the lessee takes possession of the property and begins to use it. That is the date you should enter in the box on this line. The lease term begins to run on the lease commencement date.

NOTE: The lease commencement date is NOT the date on which the parties sign the lease. The signing date could be months ahead of the time that the property becomes available for use.

 
 
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