Tenant Obligations

Understanding Escalator Clauses: Protect Your Lease and Predict Rental Costs
An escalator clause is a provision found in leases that adjusts the rent based on fluctuating costs. Learn how these clauses work, their benefits, and examples to better adapt in a dynamic rental market.
Understanding Modified Gross Lease Agreements
Explore the details of modified gross lease agreements, where landlords and tenants share expenses. Learn the benefits, responsibilities, and common variations.
Understanding the Role of a Lessee: A Comprehensive Guide
Dive into the role and responsibilities of a lessee in property rental agreements. This guide elucidates the intricacies of leasing from the perspective of the tenant.

Property Lexicon