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Commercial Lease Gross Up Sample Clauses


Book Publication Date: Nov 2013
Description: Gross up clauses in commercial leases are used to normalize operating expenses based on what they would be if the building were at full occupancy. The sample clauses here represent a few of the potential methodologies used for gross ups.
Type: Contract Clauses
PLI Item #: 60654
Practice Area: Real Estate
Keywords: "commercial lease"; "gross up"; landlord; owner; tenant; "base rent"; "building occupancy"; "operating expenses"; adjustments

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