Generally, signing incentives are bonuses that are given by one party to a contract to increase the likelihood that the other party(s) will sign the contract.
In leasing, signing incentives are bonuses that a landlord gives to a tenant, typically for either signing a lease or signing a fixed term lease. Bonuses may include a free month's rent or a rent decrease for a few months of the fixed term tenancy. If the tenant breaches the lease, these incentives may have to be paid back to the landlord.
"Signing Incentives" is referred to in the following legal documents:
