Avoid Common Pitfalls When Drafting Operating Expense Clause

While there are many issues to be concerned with when signing a lease for commercial space, tenants often focus on what’s typically the most hotly contested provisions—exclusive use and cotenancy. The right to be the only tenant to sell a product in a center, or get the benefit of other stores that create helpful synergy, can boost that tenant’s bottom line. But profits can be undercut when a tenant doesn’t give equal consideration to another issue, one that can have dire financial consequences: operating expenses.

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