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.
Missouri Profit Maximizing Aggressive Landlord Oriented Electricity Clause is a specific type of clause that is commonly found in residential lease agreements within the state of Missouri. This clause is designed to maximize the landlord's profits and establish a favorable agreement regarding electricity usage in the rental property. The primary goal of this clause is to protect the landlord's financial interests by placing a burden on the tenant when it comes to electricity usage and payments. It often includes various provisions which may include: 1. Submetering: One type of Missouri Profit Maximizing Aggressive Landlord Oriented Electricity Clause involves submetering, where the landlord installs individual electrical meters for each rented unit. This allows the landlord to accurately measure and bill the tenants for their specific electricity usage. 2. Allocation of Costs: Under this clause, the tenant may be responsible for paying the full amount of electricity costs incurred during their lease period. This may include the cost of actual usage, meter reading fees, administration costs, and any other associated charges. 3. Penalty for Over-Usage: Some variations of this clause may establish penalties or additional charges for tenants who exceed a predetermined electricity usage limit. These penalties can be a fixed fee or a specific charge per unit of exceeded usage. 4. Authorized Electricity Providers: The clause may restrict the tenant to a specific list of authorized electricity providers, preventing them from selecting a cheaper or more convenient alternative. This helps the landlord maintain control over the tenant's choice and potentially secure commissions or benefits from these providers. 5. Automatic Third-Party Billing: In certain cases, the clause may allow the landlord to automatically enroll the tenant in a third-party billing service, where the tenant is directly billed for their electricity usage by the billing company. It's important to note that while this clause may provide more financial protection and control for landlords, it can also be seen as aggressive and disadvantageous for tenants. Different landlords may have their own variations or specific requirements when implementing this clause, and tenants should carefully review and negotiate its terms before signing a lease agreement. To conclude, the Missouri Profit Maximizing Aggressive Landlord Oriented Electricity Clause is a contractual provision within residential leases aimed at protecting the landlord's financial interests and establishing terms for electricity usage and payments.
