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.
Alameda California Profit Maximizing Aggressive Landlord Oriented Electricity Clause refers to a clause that can be included in rental agreements or leases to favor landlords in terms of electricity consumption and cost responsibilities. This clause is aimed at maximizing landlord profit while potentially placing a heavier burden on tenants. The Alameda California Profit Maximizing Aggressive Landlord Oriented Electricity Clause may come in various forms, with slight modifications depending on the specific agreement. Some types of this clause include: 1. Fixed Payment Clause: Under this clause, tenants are required to pay a fixed amount for electricity consumption each month, regardless of their actual usage. This allows landlords to secure a fixed profit margin, even if the tenants consume less electricity. 2. Usage-Based Markup Clause: This clause allows landlords to charge tenants an additional markup on top of the actual electricity cost provided by the utility company. This markup is determined by a pre-defined percentage, which further increases the profit for the landlord. 3. Submetering Clause: In this type of clause, landlords install submeters to measure the electricity consumed by individual units within a multi-unit building. Each tenant is then responsible for paying their respective electricity charges, including any administrative fees set by the landlord. 4. Exclusive Electricity Supplier Clause: Under this clause, landlords have the discretion to select an exclusive electricity supplier for the rental property, generally a company that offers electricity at a higher rate. This allows the landlord to receive kickbacks or commissions from the supplier, maximizing their profit at the expense of tenants. The Alameda California Profit Maximizing Aggressive Landlord Oriented Electricity Clause tilts the balance in favor of landlords, potentially placing an undue financial burden on tenants. It is crucial for tenants to carefully review the terms of their lease agreement and fully understand the implications of such a clause. Seeking legal advice or negotiation with the landlord may be necessary to ensure fair and reasonable electricity cost responsibilities.Alameda California Profit Maximizing Aggressive Landlord Oriented Electricity Clause refers to a clause that can be included in rental agreements or leases to favor landlords in terms of electricity consumption and cost responsibilities. This clause is aimed at maximizing landlord profit while potentially placing a heavier burden on tenants. The Alameda California Profit Maximizing Aggressive Landlord Oriented Electricity Clause may come in various forms, with slight modifications depending on the specific agreement. Some types of this clause include: 1. Fixed Payment Clause: Under this clause, tenants are required to pay a fixed amount for electricity consumption each month, regardless of their actual usage. This allows landlords to secure a fixed profit margin, even if the tenants consume less electricity. 2. Usage-Based Markup Clause: This clause allows landlords to charge tenants an additional markup on top of the actual electricity cost provided by the utility company. This markup is determined by a pre-defined percentage, which further increases the profit for the landlord. 3. Submetering Clause: In this type of clause, landlords install submeters to measure the electricity consumed by individual units within a multi-unit building. Each tenant is then responsible for paying their respective electricity charges, including any administrative fees set by the landlord. 4. Exclusive Electricity Supplier Clause: Under this clause, landlords have the discretion to select an exclusive electricity supplier for the rental property, generally a company that offers electricity at a higher rate. This allows the landlord to receive kickbacks or commissions from the supplier, maximizing their profit at the expense of tenants. The Alameda California Profit Maximizing Aggressive Landlord Oriented Electricity Clause tilts the balance in favor of landlords, potentially placing an undue financial burden on tenants. It is crucial for tenants to carefully review the terms of their lease agreement and fully understand the implications of such a clause. Seeking legal advice or negotiation with the landlord may be necessary to ensure fair and reasonable electricity cost responsibilities.
