[RPPTL LandTen] Question on Capital Expenses

[Law Offices of Scott A. Frank P.A]

All:

 

I am presently having a debate with a  client regarding capital
repairs/replacements/improvements in a NNN lease for an office building.
The lease lists CAM components, with standard "includes but is not limited
to . . .".  But the list neither includes nor excludes capital expenses
explicitly.

 

So do you think the Landlord can pass these expenses through?  And does your
opinion differ if the expense relates to a capital replacement/repair versus
a capital improvement?

 

As always, thank you for your input.

 

 

 

Scott A. Frank

Attorney at Law

 

LAW OFFICES OF SCOTT A. FRANK, P.A.

5301 N. Federal Highway, Suite 170

Boca Raton, FL 33487

p:  (561) 826-5400

f:  (561) 423-5721 

 <mailto:sfrank at saflaw.com> sfrank at saflaw.com

 

 

 

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