This office lease clause is a landlord-oriented electricity clause. It provides a considerable profit center for the landlord and picks up most of the characteristics and issues where the lessee agrees that lessor may furnish electricity to lessee on a "submetering" basis or on a "rent inclusion" basis.
The Maryland Profit Maximizing Aggressive Landlord Oriented Electricity Clause refers to a specific provision often included in rental agreements or leases in Maryland that allows landlords to maximize their profits and exert control over the electricity expenses incurred by their tenants. This clause gives the landlord the authority to pass on the full cost of electricity consumption and related charges to the tenant, often leading to higher utility bills for the tenant. This aggressive clause emphasizes the landlord's right to prioritize profit generation by shifting the responsibility of paying for electricity entirely onto the tenant. Landlords implementing this clause aim to minimize their expenses and maximize their rental income, potentially leading to an unequal and burdensome financial arrangement for the tenant. There are different types of Maryland Profit Maximizing Aggressive Landlord Oriented Electricity Clauses that may be found in rental agreements. Some variations include: 1. Full Electricity Cost Passing Clause: This type of clause allows landlords to transfer the entire cost of electricity consumed by the tenant directly onto the tenant without any contribution from the landlord. The tenant is solely responsible for paying the electricity bills, including usage charges, distribution fees, and any additional charges related to electricity supply. 2. Separate Metering Clause: In this type of clause, the landlord installs separate electricity meters for each unit or rental property within a building. It enables the landlord to accurately measure each tenant's electricity consumption and hold them accountable for their usage by charging them individually. This clause allows the landlord to avoid subsidizing any electricity expenses themselves and often leads to tenants paying higher electricity bills. 3. Utility Markup Clause: This clause allows the landlord to apply a markup on the electricity cost and charge the tenant more than the actual utility rates. The markup added by the landlord acts as an additional source of profit and may result in tenants paying significantly higher electricity bills compared to the standard utility rates. It is important for tenants to carefully review and understand the implications of such clauses before signing a rental agreement or lease in Maryland. Consulting with a legal professional can help tenants navigate their rights and negotiate more favorable terms regarding electricity expenses within their rental arrangements.
