CFR › Title 25 › Part 162 › §162.41425 CFR §162.414Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗Copy linkThe lessee may construct permanent improvements under a business lease if the business lease specifies, or provides for the development of:(a)A plan that describes the type and location of any permanent improvements to be constructed by the lessee; and(b)A general schedule for construction of the permanent improvements, including dates for commencement and completion of construction.