Dictionary of Business Terms: tenant reimbursements
tenant reimbursements
especially in shopping centers and office buildings, amounts paid by a tenant to a landlord for the tenant's share of expenses. Frequently encountered in net leases and leases with stop clauses.
Dictionary of Real Estate Terms: tenant reimbursements
tenant reimbursements
especially in shopping centers and office buildings, amounts paid by a tenant to a landlord for the tenant's share of expenses. Frequently encountered in net leases and leases with stopclauses.
Example: Examples of tenant reimbursements are:
- Common Area Maintenance
- tax stop
- utility stop
