Contracts
A Kentucky lease that contains an escalation clause provides for:
AEarly termination at the tenant's option
BPeriodic rent increases tied to an index such as CPI✓ Correct
CMaintenance responsibilities for the tenant
DAutomatic lease renewal at the same rent
Explanation
An escalation clause provides for automatic rent increases, often tied to the Consumer Price Index (CPI) or other agreed-upon index, protecting the landlord against inflation.
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