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In the Spotlight: Crafting Carve-Outs to Tenant's Obligation to Pay Operating Expenses

Much ink, thought, and aggravation have gone into crafting carve-outs to a tenant's obligation to pay its proportionate share of operating expenses. Depending on the relative leverage of the parties in the deal, the tenant may get significant concessions from the landlord, including carve-outs for capital items and other potentially costly expenditures.

3 minute read November 05, 2004 at 10:21 AM
By
William Crowe
In the Spotlight: Crafting Carve-Outs to Tenant's Obligation to Pay Operating Expenses

Much ink, thought, and aggravation have gone into crafting carve-outs to a tenant's obligation to pay its proportionate share of operating expenses.

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