Negotiate Authorization to Charge Tenants for Upgraded Security
Continuing advances in technology have made it easier than ever for commercial real estate owners to have the most effective security equipment for their properties. But upgrading and increasing security measures is expensive. And although the right security plan can save you money from vandalism, theft, or liability for accidents or crimes, it also has the potential to blow your budget. You can pass through to tenants the costs of increased security measures, though. Here’s how to do it using your lease.