Real Estate Glossary

Base Year Stop

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Richard Wilson
Written by Richard Wilson

Once a lease has begun, the building owner will agree to pay the tenant’s base year expenses. They will continue to pay the same amount in the succeeding years while the tenant will pay any increase in cost in the subsequent years.

Once a lease has begun, the building owner will agree to pay the tenant’s base year expenses. They will continue to pay the same amount in the succeeding years while the tenant will pay any increase in cost in the subsequent years.

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Richard Wilson

Richard Wilson

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