Expense stop - How To Discuss

Expense stop,

Definition of Expense stop:

  1. 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 addendum and agreed upon by involved parties. The provision may require the renter to pay certain fees up to a certain level and then anything beyond that ceiling will be covered by the landlord.

Meaning of Expense stop & Expense stop Definition

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