Category Archives: base year

Don’t Get Overcharged

Posted on January 3, 2013 by mnorris

Quick. How much money did you pay in operating expense passthroughs last year? After most companies sign a lease, it goes in a drawer somewhere for the next several years. In some cases, the lease or renewal was well-negotiated; a … Continue reading →

Posted in audit rights, base year, operating expenses, passthroughs | Leave a comment

Just Want to Renew? It’s Not That Easy.

Posted on April 5, 2009 by Mike Norris

Your landlord just left you a message—your lease is up soon.It’s the last thing on your mind. You don’t know what your business is going to look like over the next couple of years and the last thing you want … Continue reading →

Posted in audit rights, base year, default, landlord, lease negotiation, lease renewal, snda, space measurement, sublease, tenant improvements | Leave a comment

Are You Being Overcharged?

Posted on March 1, 2009 by Mike Norris

Have you taken a close look at your rent invoice lately? Chances are, if you’re a year or more into your lease (or sublease), you’re being charged “passthroughs” or “additional rent” in addition to a “base rent,” which by itself … Continue reading →

Posted in audit rights, base year, capital improvements, landlord, operating expenses, passthroughs, sublease | Leave a comment