Real Estate Principles 3rd Edition by David Ling,Wayne Archer

Exercise 13

With an expense stop clause:
A) Operating expenses are borne by the tenant up to a specified per square foot level, above which the landlord is responsible for 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 footage.
C) Landlords commit to a maximum tenant improvement allowance for new tenants.
D) Tenants are reimbursed for electric bills in excess of a normal amount.