Shell lease
Commercial property & real-estate term
A rental agreement wherein the tenant rents the incomplete building and agrees to complete the interior work, such as plumbing, wiring, interior walls, floors, etc.
Part of the Commercial Property glossary — plain-English definitions of the terms you meet when leasing, buying or selling commercial space in South Africa. See also our how-to guides.
More terms under “S”
Seller's market Sales comparison approach Self-amortizing mortgage loan Supply and demand Sale agreement Surface right Subdivision Sublease