Glossary of Terms and Definitions

Glossary Term: Leased space (relating to Space Management and Allocation)


space leased from external agencies to meet the need for space as determined by Facilities Management and approved by the Space Allocation Committee when available University space is insufficient and funds have been identified to pay for the lease and fit-up costs. Due to the nature of lease agreements, leased space allocated to a unit will be permanent but reviewed on a regular basis as determined by the lease agreement. Leased space is typically maintained by the owner
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