Operating Expense Exclusions for an Office Lease (Pro-Tenant) | Practical Law

Operating Expense Exclusions for an Office Lease (Pro-Tenant) | Practical Law

A tenant-favorable list of exclusions to the scope of operating expenses identified by a landlord. This list can be incorporated into the body of a lease or added as a schedule to the lease or a letter of intent. This Standard Document contains common operating expense exclusions that can be tailored to meet the specific needs of the parties for a particular building. This Standard Document has integrated notes with important explanations and drafting and negotiating tips. While commercial real estate leases are generally governed by state law, this jurisdictionally neutral template is useful and relevant in every state.

Operating Expense Exclusions for an Office Lease (Pro-Tenant)

Practical Law Standard Document 6-549-7520 (Approx. 17 pages)

Operating Expense Exclusions for an Office Lease (Pro-Tenant)

by Mario J. Suarez, Thompson Hine LLP with Practical Law Real Estate
A tenant-favorable list of exclusions to the scope of operating expenses identified by a landlord. This list can be incorporated into the body of a lease or added as a schedule to the lease or a letter of intent. This Standard Document contains common operating expense exclusions that can be tailored to meet the specific needs of the parties for a particular building. This Standard Document has integrated notes with important explanations and drafting and negotiating tips. While commercial real estate leases are generally governed by state law, this jurisdictionally neutral template is useful and relevant in every state.