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.
Utah Profit Maximizing Aggressive Landlord Oriented Electricity Clause refers to a particular provision commonly found in residential lease agreements in the state of Utah. This clause is aimed at maximizing the landlord's profit and control over electricity usage within rental properties. The Utah Profit Maximizing Aggressive Landlord Oriented Electricity Clause generally grants the landlord the authority to retain control over the electricity account and expenses for the entire rental property. This means that landlords can charge tenants for electricity usage, either by billing them directly or including an additional fee in the monthly rent. Furthermore, this clause often stipulates that the landlord may choose the electricity provider for the rental property, limiting the tenants' ability to select an alternative utility provider. By doing so, landlords can negotiate more favorable rates, potentially reducing their electricity expenses and increasing profitability. It is worth noting that while the Utah Profit Maximizing Aggressive Landlord Oriented Electricity Clause primarily benefits landlords, it may also restrict tenants' freedom to choose their preferred utility providers, resulting in reduced options and potentially higher electricity costs for them. Different types of Utah Profit Maximizing Aggressive Landlord Oriented Electricity Clauses may vary based on the extent of control granted to landlords. Some clauses may allow landlords to install submeters in each rental unit, precisely measuring individual electricity usage, while others may simply charge a fixed monthly fee for electricity usage without differentiation between units. In summary, the Utah Profit Maximizing Aggressive Landlord Oriented Electricity Clause is a provision aimed at maximizing landlord profits and control over electricity expenses within rental properties in Utah. It grants landlords the authority to retain control over electricity accounts, charge tenants for usage, and potentially limit alternative utility provider options.
