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.
Base Year Stop
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.
