What does 'pre-negotiated rates' in leasing refer to?

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'Pre-negotiated rates' in leasing refers to the rates that are agreed upon before executing the lease contract. This process typically involves discussions between the landlord and tenant to come to a mutual agreement on the terms of the lease, including rental rates, prior to signing the lease. It helps ensure that both parties have clarity on costs from the outset, which is crucial in financial planning for tenants and in setting expectations for landlords.

Establishing rates in advance allows for a smoother transaction and reduces potential disputes later. By having these terms pre-negotiated, tenants can budget their expenses accurately, and landlords can streamline their leasing process knowing the terms have been set.

The other options involve conditions that occur either during or after the leasing process or are contingent on specific factors, such as creditworthiness or tenant duration, which do not align with the concept of 'pre-negotiated' rates.

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