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Real Estate Glossary

Escalation clause

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Written by Luis Escobar

Found in leases, this is a section allowing for rent to be increased in order to reflect changes in expenses that the landlord pays. Those include operating costs and real estate taxes.

Found in leases, this is a section allowing for rent to be increased in order to reflect changes in expenses that the landlord pays. Those include operating costs and real estate taxes.

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Luis Escobar

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