A dollar limit above which the tenant in a commercial lease agrees to pay operating expenses. Serves as a protection for the landlord against unforeseen increases in operating expenses.
Related information about expense stop:
- What is an Expense Stop? | MREA | Medical Real Estate Advisors
Jun 20, 2010 ... Expense stops allow the owner to pay a portion of the operating expenses up to a specified amount, usually based on a price per square foot ...
- What is expense stop? - BusinessDictionary.com
Definition of expense stop: Represents a cap on the operating expenses that a landlord or tenant will pay. This type of provision is often included in a lease or ...
- expense stop - Financial Dictionary - The Free Dictionary
In a commercial lease, a provision that annual rent escalations due to increasing building operating expenses will be stopped,or capped,at a certain amount of ...
- Lease Terminology
Further, Tenant is typically responsible for their proportionate share of any increase in base operating expenses over a base year or expense stop.
- What is expense stop? definition and meaning - InvestorWords.com
Definition of expense stop: A dollar limit above which the tenant in a commercial lease agrees to pay operating expenses. Serves as a protection for the landlord ...
- Expense Stop Law & Legal Definition
Expense stop is a lease provision that establishes the maximum expenses to be paid by the landlord. The remaining expenses over and above this limit have to ...
- What is EXPENSE STOP? - The Law Dictionary
Definition of EXPENSE STOP: Upper limit of what a landlord or tenant will pay. The provision obligates the renter to pay a maximum of certain fees. Beyond that ...
- Common Lease Terms
Expense stop - Provision in a lease establishing the maximum level of operating expenses to be paid by the landlord. Expenses beyond this level are to be ...