Property Management
In West Virginia, a commercial property with a 'base year' expense stop clause means:
AThe landlord pays all expenses above the base year amount
BThe tenant pays all operating expenses above the level established in the base year✓ Correct
CExpenses are frozen at the base year amount permanently
DThe lease expires in the base year
Explanation
An expense stop clause establishes a base year of expenses the landlord will pay. Any increases in operating expenses above the base year amount are passed through to the tenant. This is common in gross leases for commercial space.
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