Shared Expenses in a Commercial Lease
In a commercial net lease, tenants will need to pay more than just the rent. Operating costs, insurance and taxes will be divided up between the landlord and the tenants. When negotiating a commercial net lease, these shared expenses should be thoughtfully negotiated and clearly spelled out to avoid disputes which can be costly.
Since these expenses are often a very large part of the overall cost of the lease, tenants would be wise to carefully negotiate every single expense. The articles below discuss in detail the options for dividing shared expenses among the tenants and the landlord.