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.
Michigan Profit Maximizing Aggressive Landlord Oriented Electricity Clause refers to a specific clause found in rental agreements within the state of Michigan that benefits landlords by maximizing their profit through electricity bills. This clause indicates the terms and conditions regarding the payment of electricity expenses by tenants, often favoring the landlords' interests while burdening the tenants with additional costs. In a typical Michigan Profit Maximizing Aggressive Landlord Oriented Electricity Clause, the landlord holds the right to directly bill the tenant for the electricity consumed within the rental property. This allows the landlord to have better control over electricity expenses and potentially generate additional revenue. Key elements of this clause may include: 1. Direct Billing: The clause specifies that the landlord will receive the electricity bill directly from the utility company and have the authority to directly charge the tenant for the consumed amount. This ensures that tenants have no control over electricity providers and prices. 2. Submetering: Some landlords may employ submetering techniques, installing individual meters for each rental unit. This enables the landlord to accurately measure the electricity consumption for each tenant, ensuring that they are charged accordingly. 3. Additional Administrative Fees: The clause may include provisions allowing the landlord to charge administrative fees for managing electricity billing and handling related tasks. These fees might be calculated as a percentage of the total electricity bill, leading to additional costs for the tenant. 4. Inclusion of Common Areas: The clause may also state that tenants are responsible for a portion of the electricity charges for the common areas of the rental property, such as hallways, parking spaces, or shared amenities. This helps shift the financial responsibility onto the tenants, maximizing the landlord's profits. It is important to note that variations of the Michigan Profit Maximizing Aggressive Landlord Oriented Electricity Clause may exist, tailored to specific landlords' preferences or requirements. These variations may include stricter billing rules, higher administrative fees, or different methods of measuring electricity consumption. Understanding such clauses is essential for tenants in Michigan to carefully review and negotiate their rental agreements, ensuring they are aware of the potential financial burden they may face regarding electricity costs.
