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Chapter 22

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Question:
With an expense stop clause:
Answer:
a)  Operating expenses are borne by the tenant up to a specified per square foot level, above which the landlord is responsible fro additional expenses.
b)  The landlord is responsible for operating expenses up to a specified level, above which increases in operating expenses become the obligation of the tenant based on the tenant's leasable square footaage.
c)  Landlords commit to a maximum tenant improvement allowance for new tenants.
d)  Tenants are reimbursed for electric bills in excess of a normal account.
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Last Updated By mtoth on 12/17/2011
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Chapter 22
Chapter 22
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Free Quiz Question From Chapter 22
Question: With an expense stop clause:
Answer:
Operating expenses are borne by the tenant up to a specified per square foot level, above which the landlord is responsible fro additional expenses.
The landlord is responsible for operating expenses up to a specified level, above which increases in operating expenses become the obligation of the tenant based on the tenant's leasable square footaage.
Landlords commit to a maximum tenant improvement allowance for new tenants.
Tenants are reimbursed for electric bills in excess of a normal account.