Sentences with phrase «submetering tenant»
Frank Teng: Submetering tenant water usage is pretty rare, from our experience, because it is usually costly and difficult to separate a tenant's water usage in a triple net lease.
http://www.nreionline.com/ Not exact matches
Urban American wants to shift to submetering, which means tenants would be billed for their own electric usage instead of being charged a share of the overall power.
Due to the expense of submetering and market expectations, owners of multifamily rental buildings in New York usually pay for heating their tenant's apartments in addition to the common areas.
- Landlord pays tenants» electric and / or gas (caveat: if this could be submetered and the numbers still made sense after that expense, I'd consider it)
Aiello is also seeing more submetering, in which tenants pay their utility costs based on usage.
«We recently found that a tenant in one of our properties wasn't paying for submetered utilities.»