Property Management
Which clause in a commercial Virginia lease allows the landlord to adjust rent periodically based on changes in the Consumer Price Index (CPI)?
AEscalation clause✓ Correct
BSubordination clause
CEstoppel clause
DHoldover clause
Explanation
An escalation (or CPI) clause in a lease allows rent to be periodically adjusted based on changes in a price index such as the Consumer Price Index, protecting the landlord from inflation.
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