Don't Charge Tenants for Electricity 'Consumed'
If your lease requires tenants to pay you their share of the property/facility’s electric bill, don’t say they have to pay for the electricity they “consume.” That’s because the bills you receive from the electric company may include elements not related to consumption, such as demand charges. So, using the word “consume” may preclude you from passing along these non-consumption charges to your tenants.
More like this
- Don't Let Electronics/Appliances Tenant Exclude Warranties, Services from Gross Sales
- Don't Let Drugstore Tenants Exclude Third-Party-Paid Drugs from Gross Sales
- Don't Order Tenant to Get Terrorism Coverage When Lease Is Silent
- Don't Let Movie Theater Tenant Exclude Non-Ticket Sales from 'Gross Sales'