This office lease clause lists the utility services that the landlord is obligated to provide for the tenants. The services are to be provided at all times at the sole cost and expense of the landlord.
Puerto Rico Fairer Clause Setting Forth the Landlord Obligation to Provide Electrical and Other Services
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FAQ
A gross lease is a type of lease agreement where the tenant pays a fixed rent amount to the landlord, and the landlord is responsible for covering all operating expenses including property taxes, insurance, and maintenance costs.
Both tenant and landlord rights and obligations in Queensland are governed by the Residential Tenancies and Rooming Accommodation Act 2008.
What is a gross lease? Under a gross lease, the tenant pays a single flat fee for the use of the space. The landlord agrees to pay for any and all expenses that come with the property and its use, including taxes, insurance, utilities, and often repairs.
A gross lease is the simplest form of commercial real estate lease. In a gross lease, the landlord is responsible for paying all operating expenses, including property taxes, insurance, and maintenance.
It is illegal discrimination to take any of the following actions because of race, color, religion, sex (including gender identity and sexual orientation), disability, familial status, or national origin: Refuse to rent or sell housing. Refuse to negotiate for housing. Otherwise make housing unavailable.
Triple net lease/?NNN? lease This includes maintenance costs such as common area maintenance (CAM), insurance, and property taxes (represented by ?NNN?). Typically, these leases are longer-term and have a lower base rent because the tenant agrees to pay for all operating expenses.
The term net lease refers to a contractual agreement where a lessee pays a portion or all of the taxes, insurance fees, and maintenance costs for a property in addition to rent. Net leases are commonly used in commercial real estate.
The South Carolina Landlord Tenant Act S.C. Code Ann. § 27-40-440 requires the landlord to maintain the property in a safe and habitable condition: Compliance: Obey all building and housing codes that affect health and safety.
