A "Step-Up" Provision in a Commercial Property Lease Means

Multiple Choice

A "Step-up" provision in a commercial property lease means:

A) Provides for the tenant to move to a higher floor.
B) Adjusts the rental payments to changes in inflation.
C) Specifies in advance the absolute dollar amounts by which the rental payments will increase, no matter what happens to inflation.
D) Requires the tenant to pay specified increases in the building's operating expenses.