Definitions for "EXPENSE STOP"
An identified dollar amount, usually on a dollar per square foot per year basis, that the landlord is responsible for paying for operating costs. Any expenses over the stop will be charged to the tenant.
A ceiling or limit on the dollar amount one party, typically the landlord, will pay in an expense category. This ceiling is determined by adding a percentage or dollar amount to the base year costs. Return To Menu
A provision in a lease where the tenant agrees to pay the excess of certain operating expenses over a base amount. The landlord pays the expense up to the amount of the expense stop and the tenant pays or reimburses the landlord for the rest.