Landlord Question and Answer Forum

Forum / General Property Management / Cost Escalation Added Into Lease Contracts

Cost Escalation Added Into Lease Contracts Can someone give me the legal wording/paragraph to add into my lease contract?

Ethan C, KS on Friday, March 5, 2010

RE: Cost Escalation Added Into Lease Contracts

Be very careful with this type of clause in a residential lease. A provision of a contract which calls for an increase in price in the event of an increase in certain costsis referred to as an escalation clause. This often is not permitted in the midst of a lease term. SAMPLE CLAUSE: The amount of rent in this lease is subject to an increase of the rent if the cost of operation increases by more than _____% over the original rent. In the event of such increases, and upon XXX days written documentation of at least establishing the extent of the increase as well as written notification of the increase, the rent amount will be equitably adjusted.

Posted by Denise S, PA on Saturday, March 6, 2010

Return to the General Property Management Forum

Read related General Property Management Articles

Documents related to this forum

Articles related to this forum

Did Your Tenant Let the Pipes Freeze?
Posted October 12, 2017 Reader Rating:
What is an Addendum and How Is It Used?
Posted June 13, 2017 Reader Rating:
Rental Property Landscaping Dos and Don’ts
Posted March 28, 2017 Reader Rating:
How Much Rent Should You Charge?
Posted March 16, 2017 Reader Rating:

Highest Rated Discussions
allowing dogs Author: Jacob W, WI Updated: 06/24/2019 Rating:
Reantal Property Management Software Author: Harold P, MO Updated: 12/15/2021 Rating:
Options for Difficult Tenant Author: Jared B, UT Updated: 11/09/2015 Rating:
EZ Landlord Forms vs. On-Site Author: Troy D, WA Updated: 12/09/2014 Rating:
Tenant wants to add roommate Author: Scott H, IA Updated: 02/11/2012 Rating:

The forum is completely free to anyone! If you wish to post a message, you must log in. If you are not registered already, Join today to create a free account!

Any comments and opinions that are expressed by the users of this forum are solely those of the authors, and have not been reviewed or approved by ezLandlordForms.