A company is ready to sign a lease for a new location.

The occupancy date is critical because it determines when the company begins paying rent, regardless of whether renovations are complete.

Lease agreements typically require rent payments from the occupancy date onward.

Failure to account for renovation time could lead to unnecessary costs.

Why the other options are incorrect:

(A) Scheduling a moving company is important but secondary to financial commitments.

(C) The date can often be negotiated if properly addressed in the lease agreement.

(D) While credibility is important, financial and contractual obligations take precedence​.