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.