These are operating expenses for properties that do not fluctuate or change based on the amount of building occupancy. Some examples include insurance premiums; management fees; security; payroll taxes; legal fees; plumbing and electrical equipment; maintenance contracts for boilers; HVAC and other mechanical, and emergency generator service and maintenance.
Fixed Expenses
These are operating expenses for properties that do not fluctuate or change based on the amount of building occupancy. Some examples include insurance premiums; management fees; security; payroll taxes; legal fees; plumbing and electrical equipment; maintenance contracts for boilers; HVAC and other mechanical, and emergency generator service and maintenance.