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Casualty Loss: High Insurance Deductibles Can Inflate Common Area Maintenance Charges

A single casualty loss can affect both the tenant’s commercial space and the landlord’s structure. When that happens, a surprise cost can effectively reduce tenant’s insurance proceeds. The landlord may pass along its high deductible payment to the tenant through the Common Area Maintenance charge, even when the repair constitutes a capital improvement. To avoid …

Casualty Loss: High Insurance Deductibles Can Inflate Common Area Maintenance Charges
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