Definitions for "Rent commencement date"
The date on which the tenant begins paying rent. Depending on the nature of the market, it may coincide with the lease commencement date or it may be several months after that.
The date when the rent and usually the term of the lease begins. May be different from the lease commencement date when certain obligations must be fulfilled such as the construction of tenant improvements.
The date on which a tenant begins paying rent. The dynamics of a marketplace will dictate whether this date coincides with the lease commencement date or if it commences months later (i.e., in a weak market, the tenant may be granted several months free rent). It will never begin before the lease commencement date.