Sentences with phrase «rent escalation clause»

Not exact matches

Escalation clause - A clause in a contract providing for increases or decreases in rent payments in accordance with fluctuations of certain direct costs or expenses of the landlord.

The most important determinant of the former are the rents paid by the tenants of the property and the escalation clauses in the lease contracts that determine how much the rent each tenant pays will increase each year.

Knowledge of escalation clauses and other items of additional rents found in commercial leases