Our lease calls for an annual lease increase based on the San Francisco Bay Area CPI. The lease calls for 25% of gross income or base lease rate, which was fixed in 1986 with the annual escalation, whichever is greater.
Feb 20, 2018 Rating
Yes... but... by: Stephen
The tower companies and carriers want landlords to agree to rental escalation rates below the rate of inflation. Do not agree to an amount that allows money to drip out of your wallet like a hole in your pocket.
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