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Wisconsin Profit Maximizing Aggressive Landlord Oriented Electricity Clause

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US-OL17024
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This office lease clause is a landlord-oriented electricity clause. It provides a considerable profit center for the landlord and picks up most of the characteristics and issues where the lessee agrees that lessor may furnish electricity to lessee on a "submetering" basis or on a "rent inclusion" basis.

Title: Understanding the Wisconsin Profit Maximizing Aggressive Landlord Oriented Electricity Clause Introduction: The Wisconsin Profit Maximizing Aggressive Landlord Oriented Electricity Clause is a legal provision that primarily benefits landlords in the state of Wisconsin by providing them with the ability to increase profits and exert greater control over tenants' electricity usage. This clause is specifically designed to maximize landlords' financial gains while placing a larger share of the responsibility on tenants for their electricity usage. In this article, we will delve into the specific details of this clause and explore its implications for both landlords and tenants. Types of Wisconsin Profit Maximizing Aggressive Landlord Oriented Electricity Clauses: 1. Flat-Rate Electricity Charge Clause: — This type of clause imposes a fixed electricity charge upon tenants, regardless of their actual electricity usage. — Landlords benefit from this clause as it ensures a steady income stream by covering electricity costs, regardless of fluctuations in usage. — Tenants bear the risk of their electricity bills exceeding the fixed charge. 2. Submetering Clause: — The submetering clause allows landlords to install separate electricity meters for each unit within a rental property. — Landlords can then directly bill tenants for their actual electricity consumption, eliminating any shared responsibility. — This clause empowers landlords to charge tenants based on precise energy usage, ensuring full cost recovery. 3. Mandatory Electricity Usage Threshold Clause: — This clause establishes a minimum electricity usage threshold that tenants must meet or exceed, regardless of their actual needs. — Failure to meet this threshold may result in additional charges or penalties for the tenant. — Landlords benefit from this clause as it guarantees a minimum level of income, irrespective of tenants' electricity conservation efforts. 4. Penalty-Based Excessive Electricity Usage Clause: — This clause imposes penalties or additional charges if tenants surpass a predetermined electricity consumption limit. — Landlords benefit financially from this clause as it deters excessive usage and encourages tenants to conserve energy. — Tenants must be cautious not to exceed the set limit to avoid incurring additional costs. Implications for Landlords and Tenants: — For Landlords— - Increased control over electricity costs and revenue streams. — Ability to recover costs and foster energy conservation. — Enhanced profitability through fixed charges or usage-based billing. — For Tenants— - Potential financial burden due to fixed charges, penalties, or excessive usage fees. — Reduced incentive to conserve electricity due to fixed charges or minimum usage thresholds. — Limited control over their energy expenditure and no scope for negotiating electricity rates. Conclusion: The Wisconsin Profit Maximizing Aggressive Landlord Oriented Electricity Clause is a legal provision aimed at maximizing landlords' profits and exerting greater control over tenants' electricity usage. Through various clauses like flat-rate charges, submetering, mandatory usage thresholds, and penalty-based excessive usage, landlords can ensure steady income, incentivize energy efficiency, and recover electricity costs. However, tenants may face financial burdens and limited control over their energy consumption. It is crucial for both parties to thoroughly understand and negotiate the terms laid out in these clauses to ensure a fair and mutually beneficial agreement.

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FAQ

'Make good' refers to the clause/s in a lease that set out how a tenant should leave a property at the end of the lease term. Basically, when the day comes to hand back the keys to the landlord, the property should be in the condition that is stipulated in the lease.

A commercial make good provision is a clause in a lease that requires a tenant to return a property to its original condition before handing back the keys. Make good clauses require tenants to remove their property from the space and leave the area clean and tidy.

For example, the original tenant might have put holes in the wall to make a new passageway or undertaken other major work on the property. At the end of the lease, the new tenant must fix those issues and return the property to the condition that it was in at the start of the lease.

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Wisconsin Profit Maximizing Aggressive Landlord Oriented Electricity Clause