The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

EXPENSE STOP Definition & Legal Meaning

Definition & Citations:

Upper limit of what a landlord or tenant will pay. The provision obligates the renter to pay a maximum of certain fees. Beyond that maximum, the landlord owes the rest. Represents an operating expenses cap for each party. The involved parties often include this type of statement in a lease or addendum.

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