Seminar ID: 105430

Rent Escalation and Common Area Maintenance Clauses in Commercial Leases

Rent Escalation and Common Area Maintenance Clauses in Commercial Leases

Make sure you understand what net and gross actually means in your lease.

Operating expense provisions are some of the most heavily negotiated sections in commercial leases. These provisions obligate the tenant to pay a defined share of certain defined costs of operating the building or center. This article will explore some of the key issues in negotiating and enforcing operating expense provisions in leases.